# Vietnam’s central bank to ease lending rates

> The State Bank of Vietnam bought a net $4 billion in January, injecting dong into the market. It raised its dollar purchasing rate by 500 dong on January 2, the first increase in a year. The central bank may keep buying dollars to build reserves and ease dong lending rates ahead of the Tet peak season.

- Date: 2019-02-08 · published 2019-02-08T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/60890-vietnam-s-central-bank-to-ease-lending-rates
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Central bank dollar purchases and rate moves shape the dong's exchange rate and local borrowing costs for feed mills and livestock producers. Cheaper dong credit could support domestic feed demand.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/vietnams-central-bank-to-ease-lending-rates-post146300.vnp

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