# VND to depreciate by 3% at most in 2018 :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> BVSC forecasts the Vietnamese dong will depreciate by 3% at most against the dollar in 2018, or about 2% in its softer scenario. The dong has already fallen 1.3% this year, in line with weakness in regional currencies such as the rupiah, rupee and won.

- Date: 2018-11-21 · published 2018-11-21T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/62330-vnd-to-depreciate-by-3-at-most-in-2018-content-tap-oan-hoa-chat-viet-nam
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A managed dong depreciation of this size modestly raises the local cost of imported feed grains and meal. Government intervention limits the risk of a sharp move.

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/news-vnc/vnd-to-depreciate-by-3-at-most-in-2018.html

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