# Reference exchange rate goes down by 2 VND at week’s beginning

> The State Bank of Vietnam set its reference VND/USD rate at 22,468 on October 2, 2017, down 2 dong from the prior week's end. Commercial bank quotes were mostly unchanged, and the +/-3 percent trading band was kept.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/68743-reference-exchange-rate-goes-down-by-2-vnd-at-week-s-beginning
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A routine move of 2 dong is too small to change feed import costs, so the effect on feed-ingredient prices is negligible.

## Read by commodity

- USDVND: neutral

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-goes-down-by-2-vnd-at-weeks-beginning-post118814.vnp

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