Vietnam’s forex and money markets on 17 July reflected tighter liquidity operations from the central bank alongside persistent pressure in the unofficial market. The spread between black market and official rates remained unchanged, while interbank interest rates continued to edge upward.
Exchange rates
- SBV central rate: VND 25,176 (up 8 dong)
- Google Finance mid-rate: VND 26,159.93 (unchanged)
- Black market buy/sell: VND 26,350 / VND 26,420
- Black market mid-rate: VND 26,385
- Black market premium (vs Google): VND 225 or 0.86 percent
Daily changes
- Google Finance rate: No change
- SBV rate: +8 dong
- Repo injection: -US$203 million from 16 July
- T-bill issuance: Down US$38.23 million
Liquidity operations
- Repos – 7 days: US$943.36 million
- Repos – 91 days: US$3.72 million
- T-bills – 7 days: US$0
- Total liquidity injected: US$947.08 million (down from US$1.19 billion on 16 July)
Interest rates (interbank)
- Overnight: 5.09% (up from 4.78%)
- 1 week: 5.04%
- 2 weeks: 5.06%
- 1 month: 4.61%
- 3 months: 4.91%
- 6 months: 5.30%
See also: How Low Can the Vietnamese Dong Go? Why it’s Sliding & What Might Happen Next