# Reference exchange rate rises 12 VND

> The State Bank of Vietnam set the reference VND/USD rate at 22,208 VND per USD on February 8, up 12 VND from the prior day. Opening quotes at Vietcombank, BIDV and Vietinbank rose by 20 to 55 VND. The ceiling was set at 22,872 VND and the floor at 21,543 VND.

- Date: 2017-02-08 · published 2017-02-08T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/72783-reference-exchange-rate-rises-12-vnd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The daily dong move is routine and has minimal effect on the cost of imported feed inputs.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/reference-exchange-rate-rises-12-vnd-post106878.vnp

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