# Vietnams Strong Foreign Currency Supply Helps Stabilise USD/VND Exchange Rate - InFocus Vietnam

> Vietnam's foreign currency supply from FDI disbursements, trade surplus and M&A has helped stabilise the USD/VND rate, according to SSI Securities analyst Nguyen Duc Hung Linh. He warned that yuan devaluation could pressure other Asian currencies.

- Date: 2019-09-13 · published 2019-09-13T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/57359-vietnams-strong-foreign-currency-supply-helps-stabilise-usd-vnd-exchange-rate
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stable dong keeps Vietnamese feed import costs predictable, while a yuan devaluation would be a downside risk to regional currencies and demand for imported commodities.

## Read by commodity

- USDCNY: neutral
- USDVND: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-11-22 | [Pricey currency exchange \| Merics](https://feedsoft.ai/events/56296-pricey-currency-exchange-merics.md) | +0.0% | -0.3% |
| USDCNY | 2019-11-01 | [No major changes in the yuan’s exchange rate since August](https://feedsoft.ai/events/56297-no-major-changes-in-the-yuan-s-exchange-rate-since-august.md) | -0.9% | +0.0% |
| USDCNY | 2026-02-24 | [China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan](https://feedsoft.ai/events/7900-china-leaves-benchmark-lending-rates-unchanged-as-beijing-signals-tolerance-for.md) | -0.3% | -0.3% |
| USDCNY | 2017-10-18 | [China has ‘halted intervention in yuan exchange rate market’ \| South China Morning Post](https://feedsoft.ai/events/68678-china-has-halted-intervention-in-yuan-exchange-rate-market-south-china-morning.md) | +0.2% | -0.0% |
| USDCNY | 2024-10-07 | [Renminbi on track for stability against USD - Chinadaily.com.cn](https://feedsoft.ai/events/11043-renminbi-on-track-for-stability-against-usd-chinadaily-com-cn.md) | +0.7% | +1.2% |

## Sources

- infocusvietnam.com: https://www.infocusvietnam.com/banking/vietnam-s-strong-foreign-currency-supply-helps-stabilise-usd-vnd-exchange-rate

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