# Dollar devalued by 0.4% against dong :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Several Vietnamese commercial banks quoted the dollar about VND25 to VND40 lower on April 7, 2017. The State Bank set its reference rate at 22,288, up 7 dong on the previous day.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/71776-dollar-devalued-by-0-4-against-dong-content-tap-oan-hoa-chat-viet-nam-vinachem
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Slightly weaker dollar quotes lower dong costs of USD-priced feed imports marginally.

## Read by commodity

- USDVND: neutral

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/news-vnc/dollar-devalued-by-0-4-against-dong.html

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