# Vietnamese currency falls to new low, could go lower - VnExpress International

> The State Bank of Vietnam set its central rate at 22,757 dong per dollar on December 5, the highest of the year, after six increases in two weeks. Commercial bank rates rose further, and economists expected continued dong weakness through year-end on dollar demand and the US-China trade war.

- Date: 2018-12-05 · published 2018-12-05T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/61842-vietnamese-currency-falls-to-new-low-could-go-lower-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dong makes dollar-priced feed imports more expensive for Vietnamese buyers, though the effect on world feed prices is small.

## Read by commodity

- USDVND: bullish ▲

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/economy/vietnamese-currency-falls-to-new-low-could-go-lower-3849653.html

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