# Reference exchange rate goes down by 2 VND

> The State Bank of Vietnam cut its reference VND/USD rate by 2 dong to 22,441 on December 15, 2017. Commercial banks kept their quotes stable, and the trading band remained at plus or minus 3%.

- Date: 2017-12-15 · published 2017-12-15T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/67772-reference-exchange-rate-goes-down-by-2-vnd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Small daily fixing moves signal a managed currency with little near-term pressure on import costs for Vietnamese feed buyers.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-goes-down-by-2-vnd-post123364.vnp

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