# Regulation of exchange foreign rates: stability in fluctuating situation

> Vietnamese officials and experts credit the State Bank of Vietnam's central exchange rate regime, introduced in January 2016, for keeping the dong stable despite a recent Fed rate rise. Improved foreign exchange reserves and ample foreign currency supply are cited as support.

- Date: 2018-02-15 · published 2018-02-15T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/66773-regulation-of-exchange-foreign-rates-stability-in-fluctuating-situation
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Currency stability keeps Vietnamese import costs for feed ingredients predictable. The article is commentary on policy and does not signal a material change in commodity prices.

## Read by commodity

- USDVND: neutral

## Sources

- div.gov.vn: https://www.div.gov.vn/regulation-of-exchange-foreign-rates-stability-in-fluctuating-situation-en

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