# USD/VND exchange rate rises slightly after easing period - VCCI - Vietnam Chamber of Commerce and Industry

> The Vietnamese dong's USD/VND rate rebounded slightly after more than two weeks of cooling, following State Bank of Vietnam intervention and guidance. The article notes that interbank rates dipped in September before ticking up, and that the Fed cut rates by 25 basis points. Markets expect further cuts, which have nearly eliminated the VND-USD rate differential.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/57904-usd-vnd-exchange-rate-rises-slightly-after-easing-period-vcci-vietnam-chamber
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A narrower rate differential and continued SBV management leave the dong exposed to upward pressure on USD/VND, which raises the local cost of dollar-priced feed imports for Vietnamese buyers.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vcci.com.vn: https://en.vcci.com.vn/economic-news/usdvnd-exchange-rate-rises-slightly-after-easing-period-33

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