# VND expected to see end-of-year dip

> Economist Nguyen Tri Hieu expects the Vietnamese dong to weaken by about 2% by year-end because of seasonal import and payment demand. He also cited possible Federal Reserve rate hikes. The dong has been stable near 22,700 per dollar this year.

- Date: 2017-08-22 · published 2017-08-22T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/69766-vnd-expected-to-see-end-of-year-dip
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dong would raise the local cost of imported feed inputs such as soybean meal and corn for Vietnamese buyers, though the effect is forecast rather than an observed move.

## Read by commodity

- USDVND: bullish ▲

## Sources

- english.haiquanonline.com.vn: https://english.haiquanonline.com.vn/vnd-expected-to-see-end-of-year-dip-4417.html

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