# Central bank’s exchange rate hits highest level in months | Vietstock

> Vietnamese commercial banks lowered the USD/VND rate over the final days of 2018, pushing it below 23,300 dong per dollar for the first time since September 21. The State Bank of Vietnam raised its reference rate by 20 dong to 22,825 on the last working day, and the dong was relatively stable in 2018.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/61843-central-bank-s-exchange-rate-hits-highest-level-in-months-vietstock
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Stable currency conditions keep Vietnamese feed import costs steady, with little effect on global feed grain prices.

## Sources

- en.vietstock.vn: https://en.vietstock.vn/2018/12/central-bank%E2%80%99s-exchange-rate-hits-highest-level-in-months-37-341659.htm

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