The central exchange rate set by the SBV appreciated slightly Tuesday to VND 25,121 per US dollar, an increase of 8 dong from the day before.
The mid-market rate on Google Finance also strengthened slightly to VND 26,135 per US dollar, up by 10 dong.
Black market rates
Meanwhile, black market rates remained stable, with buy and sell prices at VND 26,420 and VND 26,500, respectively, and a mid-market rate of VND 26,460.
The black market premium over the Google mid-market rate rose marginally to 1.25 percent, from 1.21 percent on 7 July, indicating continued but steady demand for US dollars in informal channels.
Open market operations
The SBV also issued 7-day T-bills to the value of US$191 million.
Its 7-day repo operations also jumped US$574 million.
Additionally, the central bank issued 91-day repos, worth US$58 million.
Interbank interest rates
Interbank rates showed a slight upward adjustment across most tenors on 8 July.
The overnight rate rose to 4.25 percent. The one-week rate increased to 4.32 percent, while the two-week rate moved up to 4.31 percent.
Rates for longer tenors also edged higher, with the one-month rate at 4.47 percent, the three-month rate at 4.66 percent, and the six-month rate at 4.75 percent.
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