# Reference exchange rate down 9 VND on February 12

> The State Bank of Vietnam set the daily reference rate at 23,208 VND per USD on February 12, down 9 VND from the previous day. Most commercial banks either held or slightly lowered their quotes at the opening.

- Date: 2020-02-12 · published 2020-02-12T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/54879-reference-exchange-rate-down-9-vnd-on-february-12
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The small dong appreciation has negligible impact on feed import costs or commodity prices.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-9-vnd-on-february-12-post168494.vnp

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.