# Fed rate hike won’t have much impact on Việt Nam

> The US Federal Reserve raised its benchmark overnight lending rate by a quarter point to 2.00-2.25% on September 26, its third hike this year. Vietnamese economists said the move was widely expected and would have limited effect on Vietnam's currency and debt markets.

- Date: 2018-09-29 · published 2018-09-29T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/63320-fed-rate-hike-won-t-have-much-impact-on-viet-nam
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A stronger dollar from Fed tightening can pressure emerging-market currencies and raise dollar-denominated financing costs for feed importers in those markets. The expected nature of the hike suggests the price impact on feed ingredients from Vietnam's side is minor.

## Read by commodity

- DXY: bullish ▲
- USDVND: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-03-22 | [What Is the Impact of the Federal Reserve's Latest Rate Hike on Indonesia? \| Indonesia Investments](https://feedsoft.ai/events/66316-what-is-the-impact-of-the-federal-reserve-s-latest-rate-hike-on-indonesia.md) | -0.8% | -1.3% |
| DXY | 2018-09-28 | [Fed rate hike has effect on forex trading in China - CGTN](https://feedsoft.ai/events/63268-fed-rate-hike-has-effect-on-forex-trading-in-china-cgtn.md) | +0.6% | +1.3% |
| DXY | 2018-06-13 | [Why US rates have a global impact](https://feedsoft.ai/events/64709-why-us-rates-have-a-global-impact.md) | +1.3% | +0.6% |
| DXY | 2018-09-27 | [Views divided on impact of Fed rise](https://feedsoft.ai/events/63311-views-divided-on-impact-of-fed-rise.md) | +0.4% | +1.6% |
| DXY | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -0.1% | -0.4% |

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/466779/fed-rate-hike-won-t-have-much-impact-on-viet-nam.html

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