The State Bank of Vietnam (SBV) central rate eased slightly by 5 dong to 25,216, while the black market USD rate stayed flat at 26,900 mid, keeping the gap steady at 6.68 percent.
Google Finance’s mid-market rate slipped to 26,384.95.
Key details:
- SBV central rate: Down 5 dong to 25,216.
- Google Finance mid-rate: Fell 3 dong to 26,384.95.
- Black market mid-rate: Unchanged at 26,900.
- Rate gap: Black market premium widened slightly to 6.68 percent.
- Repos: Large shifts, with 7-day repos jumping to US$379 million from US$37.9 million, while 14-day repos fell sharply to US$37.9 million from US$75.8 million.
- 91-day repos: Dropped to US$70 million from US$354.6 million.
- T-bills: No activity.
- Overnight interbank rate: Rose to 4.07 percent from 4.01.
- 1-week interbank rate: Declined to 4.23 percent from 4.34.
- 1-month interbank rate: Eased to 4.91 percent from 5.02.
- 6-month interbank rate: Increased to 5.86 percent from 5.6.
See also: Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.