# Exporters cope with foreign exchange rate fluctuation

> Vietnamese exporters are benefiting from the dong's rise against the dollar, while importers face higher costs. The dong has weakened about 1.6% since June, and companies say small moves do not hurt them much unless they exceed 2-3%.

- Date: 2018-08-04 · published 2018-08-04T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/63817-exporters-cope-with-foreign-exchange-rate-fluctuation
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Higher dollar costs for imported materials can raise input prices for Vietnamese feed and food producers, though firms can hedge through letters of credit.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/exporters-cope-with-foreign-exchange-rate-fluctuation-post135871.vnp

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