# Vietnam c.bank’s reference VND/USD exchange rate at all-time high - Vietnam Insider

> The State Bank of Vietnam set the daily reference rate at VND23,013 per dollar on April 24, up VND9 from the previous day and the highest ever recorded. Banks may trade within a three percent band around the midpoint, and supply of foreign currency remains ample.

- Date: 2019-04-24 · published 2019-04-24T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/59884-vietnam-c-bank-s-reference-vnd-usd-exchange-rate-at-all-time-high-vietnam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The record reference rate means dollar-denominated feed imports cost slightly more in dong terms. Ample dollar supply suggests the effect on buyers will stay limited.

## Sources

- news.tuoitre.vn: https://news.tuoitre.vn/vietnam-cbanks-reference-vnd-usd-exchange-rate-at-all-time-high-10349785.htm
- vietnaminsiders.com: https://vietnaminsiders.com/vietnam-c-banks-reference-vnd-usd-exchange-rate-at-all-time-high/

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