# Vietnamese Dong continues its four-day rise against USD

> The State Bank of Viet Nam lowered its reference US dollar rate for a fourth straight day, to VND22,154 per dollar. Commercial bank dollar rates fell to their lowest since December 10, 2016, following a broad slump in the greenback on international markets.

- Date: 2017-01-07 · published 2017-01-07T12:00:00.000Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/73280-vietnamese-dong-continues-its-four-day-rise-against-usd
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A firmer dong lowers the local cost of dollar-denominated feed imports, which slightly supports Vietnamese buyers. The move mainly reflects dollar weakness and has little direct effect on commodity prices.

## Sources

- safedinar.com: https://www.safedinar.com/news/article/vietnamese-dong-continues-its-four-day-rise-against-usd/

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