# Reference exchange rate down 1 VND on October 29

> The State Bank of Vietnam set the daily reference exchange rate at 22,722 VND per USD on October 29, down 1 dong from the prior Friday. Commercial bank rates stayed stable and the trading band remained at plus or minus 3 percent.

- Date: 2018-10-29 · published 2018-10-29T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/62839-reference-exchange-rate-down-1-vnd-on-october-29
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A routine fixing with minimal move gives feed importers little new price signal on the dong. Vietnam's feed and meal import costs are essentially unchanged on this news.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-1-vnd-on-october-29-post140890.vnp

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