The State Bank of Vietnam (SBV) maintained the central exchange rate unchanged at VND 25,187 per US$1 on October 1.
Google Finance quoted the mid-market rate at VND 26,410, down 19 dong from the prior session, while the black market held steady at VND 26,515–26,615.
The gap between the unofficial mid-rate and SBV’s central rate narrowed slightly to 5.47 percent from 5.49 percent on September 30.
SBV’s liquidity operations showed a sharp contraction in short-term support.
Seven-day repos remained stable at US$227.2 million, while 14-day repos halved to US$151.5 million from US$302.7 million.
Twenty-eight-day repos collapsed to just US$9.0 million, down from US$113.5 million, and 91-day repos were not issued after US$36.4 million the previous day.
Interbank interest rates were unchanged across all terms.
Overnight rates held at 3.81 percent, while one-week and two-week maturities both stood at 5.27 percent.
One-month rates remained at 4.98 percent, three-month at 5.03 percent, and six-month at 4.20 percent.
See also: Right Now, a Weak Dong Could be Good for Vietnam. Here’s Why.