# US dollar deposit rate should be increased: experts | SGGP English Edition

> Vietnamese experts recommend raising the State Bank of Vietnam's dollar deposit rate, which has been 0 percent for a year. The Fed has raised rates and signalled more hikes, adding pressure on the dong.

- Date: 2017-06-16 · published 2017-06-16T12:00:00.000Z
- Category: policy · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/70824-us-dollar-deposit-rate-should-be-increased-experts-sggp-english-edition
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A policy change to dollar deposit rates would affect capital flows and the dong's exchange rate, which in turn influence the cost of imported feed inputs for Vietnam.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.sggp.org.vn: https://en.sggp.org.vn/us-dollar-deposit-rate-should-be-increased-experts-post64780.html

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