The State Bank of Vietnam (SBV) set the central exchange rate at VND 25,240 to the US dollar on 31 July, up 12 dong from 30 July.
This marks a continued upward trend in official rates.
Market rates steady, black market premium unchanged
Google’s mid-market rate remained nearly flat at VND 26,197.50, down just 2 dong from the day before.
The black market mid-rate held firm at VND 26,445, maintaining a 0.94 percent premium over Google’s rate.
SBV injects liquidity through 7-day repos
After no intervention on 30 July, the SBV re-entered the market with US$299.07 million in 7-day repos on 31 July.
No new 14-day, 28-day or 91-day repos were conducted, and short-term T-bills remained inactive.
Interbank rates remain unchanged
Interbank interest rates held steady across all tenors.
Overnight loans stood at 4.33 percent, while the 1-month rate remained at 5.78 percent.
No movements were recorded across 1-week, 2-week, 3-month, or 6-month terms.
See also: How Low Can the Vietnamese Dong Go? Why It’s Sliding & What Might Happen Next