# Macroeconomic indexes support VND: experts - Vietnam Insider

> Vietnamese dong has been depreciating since late November 2018. The State Bank of Vietnam raised its dollar purchase price on the first trading day of 2019, narrowing the buy-sell spread. Analysts say the Federal Reserve's less hawkish stance and a weaker US dollar index are supporting the dong this year.

- Date: 2019-02-16 · published 2019-02-16T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/60891-macroeconomic-indexes-support-vnd-experts-vietnam-insider
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer dong lowers the local-currency cost of dollar-priced feed imports for Vietnamese buyers. The Fed's slower rate path is the main external factor behind that support.

## Sources

- vietnaminsiders.com: https://vietnaminsiders.com/macroeconomic-indexes-support-vnd-experts/

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