# Exchange rate to stabilise in 2018

> The Vietnamese dong weakened by about VND50 against the dollar in the week after the Tet holiday, trading at 22,790-22,800 for selling at commercial banks. Experts attribute the move to a seasonal post-holiday adjustment and expect the exchange rate to stay stable this year.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/66321-exchange-rate-to-stabilise-in-2018
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Short-term dong moves of this size have only a marginal effect on the landed cost of imported feed for Vietnamese buyers and do not shift global feed prices.

## Sources

- vietnamnews.vn: http://vietnamnews.vn/economy/423640/exchange-rate-to-stabilise-in-2018.html

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