# Is the exchange rate increasing recently due to seasonal factors?

> The dong strengthened in June as the trade balance moved to a US$400 million surplus and FDI disbursements reached US$1.8 billion. Analysts expect USD/VND to stay around 23,250-23,300 in the coming weeks.

- Date: 2019-07-02 · published 2019-07-02T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/58394-is-the-exchange-rate-increasing-recently-due-to-seasonal-factors
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stronger dong lowers the local-currency cost of imported feed ingredients, though the effect is modest given the expected stable range.

## Read by commodity

- USDVND: bearish ▼

## Sources

- news.laodong.vn: https://news.laodong.vn/kinh-doanh/ty-gia-tang-thoi-gian-qua-la-do-yeu-to-mua-vu-741969.ldo

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