# Reference exchange rate goes up on week’s beginning

> The State Bank of Vietnam raised the daily reference exchange rate by 10 dong to 22,688 VND per USD on September 4. The trading band remained at plus or minus 3%, and commercial bank rates were broadly stable through the prior week.

- Date: 2018-09-04 · published 2018-09-04T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/63322-reference-exchange-rate-goes-up-on-week-s-beginning
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A routine daily reference rate change with no new policy shift has little effect on feed import costs. It only shows a marginally weaker dong against the dollar.

## Read by commodity

- USDVND: bearish ▼

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-goes-up-on-weeks-beginning-post137572.vnp

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