# Reference exchange rate down 3 VND at week’s beginning

> The State Bank of Vietnam set the daily reference rate at 22,443 VND per USD on August 28, down 3 VND from August 25. The trading band is ±3%, with a ceiling of 23,116 VND and a floor of 21,770 VND. Commercial bank quotes were little changed.

- Date: 2017-08-28 · published 2017-08-28T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/69764-reference-exchange-rate-down-3-vnd-at-week-s-beginning
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A small daily move in the dong within a stable band has no direct effect on feed grain or protein prices for buyers.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-3-vnd-at-weeks-beginning-post116991.vnp

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