# Reference exchange rate down 3 VND

> The State Bank of Vietnam set the daily reference rate at 22,429 VND per USD on August 1, down 3 VND from the previous day. The trading band is ±3%, and commercial bank quotes showed slight fluctuations.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/69768-reference-exchange-rate-down-3-vnd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A minor daily dong move within a managed band does not change feed commodity supply, demand or prices.

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-down-3-vnd-post115631.vnp

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