# How much has the VND depreciated against the USD since the beginning of the year?

> The State Bank of Vietnam and commercial bank exchange rates both fell in the first week of June, and the VND has depreciated about 0.7% against the USD year to date. BVSC expects the currency to move around 2% in 2019 within central bank control.

- Date: 2019-06-13 · published 2019-06-13T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/58886-how-much-has-the-vnd-depreciated-against-the-usd-since-the-beginning-of-the-year
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Currency moves in Vietnam have limited direct effect on global feed grain prices, so the impact on feed buyers is small.

## Read by commodity

- USDVND: bullish ▲

## Sources

- news.laodong.vn: https://news.laodong.vn/kinh-doanh/vnd-da-giam-gia-bao-nhieu-so-voi-usd-tu-dau-nam-den-nay-738725.ldo

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