# Vietnamese Dong Feels the Ripples of China's Yuan Rout - Bloomberg

> The Chinese yuan's sharp fall paused after the central bank intervened and urged market participants to avoid herd behavior. The fallout is spreading to Vietnam's currency, the dong.

- Date: 2018-08-09 · published 2018-08-09T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/63814-vietnamese-dong-feels-the-ripples-of-china-s-yuan-rout-bloomberg
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Regional currency weakness raises the cost of dollar-denominated feed imports for Asian buyers and can shift export competitiveness for grain and meal flows.

## Read by commodity

- USDCNY: neutral
- USDVND: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2024-03-27 | [Watch China's Confusing Signals on the Yuan - Bloomberg](https://feedsoft.ai/events/31442-watch-china-s-confusing-signals-on-the-yuan-bloomberg.md) | +0.2% | +0.4% |
| USDCNY | 2017-09-19 | [Yuan Fix Is Back in the Spotlight - Bloomberg](https://feedsoft.ai/events/69188-yuan-fix-is-back-in-the-spotlight-bloomberg.md) | +0.7% | +0.8% |
| USDCNY | 2021-04-19 | [Global Reflation Trade Gains New Momentum From China’s Yuan - Bloomberg](https://feedsoft.ai/events/47815-global-reflation-trade-gains-new-momentum-from-china-s-yuan-bloomberg.md) | -0.4% | -1.3% |
| USDCNY | 2019-03-26 | [China's efforts to make Yuan rate more transparent gain momentum – Bloomberg — Octa](https://feedsoft.ai/events/60337-china-s-efforts-to-make-yuan-rate-more-transparent-gain-momentum-bloomberg-octa.md) | +0.0% | +0.0% |
| USDCNY | 2017-04-06 | [China’s Efforts to Boost the Yuan](https://feedsoft.ai/events/71719-china-s-efforts-to-boost-the-yuan.md) | -0.0% | +0.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/view/articles/2018-08-09/vietnamese-dong-feels-the-ripples-of-china-s-yuan-rout

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