The State Bank of Vietnam (SBV) injected US$351 million via seven-day repos, on July 3, according to the latest data from the bank.
It also set the central exchange rate at 25,091 dong per US dollar, marking a slight weakening from earlier in the week.
Key details:
- Repos (7 days): US$351 million injected, up from zero on 2 July.
- T-Bills (7 days): US$7.47 million issued, compared to zero previously.
- SBV central rate: 25,091 dong per US dollar, up 21 dong from prior day (weaker dong).
- Google Finance mid-market rate: 26,200 dong, up 30 dong from prior day.
- Black market buy/sell: 26,370 dong (buy), 26,470 dong (sell).
- Black market mid-market: 26,420 dong, gap to Google Finance narrowed to 220 dong or 0.84 percent.
- Interbank rates: Overnight at 4.81 percent; 1 week at 4.97 percent; 1 month at 4.67 percent; 3 months at 4.55 percent; 6 months at 5.14 percent.
See also: Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.