# Preferential interest rates exceed 9% per year; bank USD prices plunge

> Vietnamese banks introduced deposit promotions that add 1–3 percentage points to some rates, taking effective rates above 9% annually. Commercial-bank USD selling rates fell sharply, moving below VND 26,000 per dollar and to their lowest levels in about 21 months; the State Bank said all 46 commercial banks had cut listed rates for terms of six months or more.

- Date: 2026-11-08 · published 2026-11-08T09:11:39.060Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/87337-preferential-interest-rates-exceed-9-per-year-bank-usd-prices-plunge
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A weaker dollar against the dong makes imported feed and farm inputs cheaper for Vietnamese buyers, all else equal. The reported exchange-rate decline is supportive of lower import costs, though it does not establish a change in commodity prices.

## Read by commodity

- USDVND: bearish ▼

## Sources

- stockbiz.vn: https://stockbiz.vn/en/news/preferential-interest-rates-exceed-9-per-year-bank-usd-prices-plunge/42690452

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