# Reference exchange rate down by 2 VND

> The State Bank of Vietnam set its reference VND/USD rate at 22,466 on November 2, down 2 dong from the previous day, within a ±3% trading band. Commercial bank quotes were little changed, with Vietcombank and Vietinbank at 22,675 buying and 22,745 selling.

- Date: 2017-11-01 · published 2017-11-01T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/68266-reference-exchange-rate-down-by-2-vnd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A move of 2 dong is negligible, so the daily reference rate gives no meaningful signal for USD-denominated feed import costs.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-by-2-vnd-post120446.vnp
- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-goes-down-by-4-vnd-post120379.vnp

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