# Exchange rate to be stable in 2019

> Fitch Solutions Macro Research expects the Vietnamese dong to stay broadly stable, weakening only slightly to VND23,700 per dollar by end-2019. It forecasts an average of VND23,440 in 2019, a 1.8 percent depreciation from 2018. The outlook cites robust FDI, a current account surplus and central bank intervention.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/59880-exchange-rate-to-be-stable-in-2019
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stable dong limits import cost pressure on feed ingredients priced in dollars. The forecast implies only modest currency-driven cost changes for Vietnamese feed buyers over the year.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exchange-rate-to-be-stable-in-2019-post151632.vnp
- vir.com.vn: https://vir.com.vn/exchange-rate-forecast-to-be-stable-in-2019-67348.html

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