# VND/USD exchange rate continues to stabilize in 2019

> The State Bank of Vietnam adjusted its reference exchange rate at the start of 2019. Exchange rates at commercial banks have been relatively stable, and experts expect stability to continue through year-end. Experts also flagged a future current account deficit that could affect foreign currency flows over the long run.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/60889-vnd-usd-exchange-rate-continues-to-stabilize-in-2019
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Stable dong rates limit near-term swings in the cost of imported feed inputs. A longer-run current account deficit could weaken the currency and raise those costs later.

## Sources

- english.vtv.vn: https://english.vtv.vn/news/vnd-usd-exchange-rate-continues-to-stabilize-in-2019-1042019030405571134.htm

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