Vietnam C.bank strengthens central exchange rate, black market dong stronger, Friday

On January 9, in Vietnam, the black market US dollar buy rate was VND 26,760 and the sell rate was VND 26,820, a change of 80 and 60, respectively, for a mid-market rate of VND 26,790 (down 0.26 percent), according to Ty Gia USD.

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,127, while the Google Finance mid-market rate stood at VND 26,270.

Bar chart change in Vietnam dong, 9 January 2026

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,663 or 6.62 percent.

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Vietnam exchange rates, 9 January 2026

9 Jan8 JanChange%
Black Market: Mid-market26,79026,860-70-0.26%
SBV: Central Exchange Rate25,12725,273-146-0.58%
Google Finance: Mid Market Rate26,27026,26920.01%
Black Market: Buy26,76026,840-80-0.30%
Black Market: Sell26,82026,880-60-0.22%
Spread: SBV / Black Market MM1,6631,587764.79%
Spread: SBV / Black Market MM6.62%6.28%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$0.00 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 28 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 9 January 2026

9 Jan8 Jan
Repos – 7 Days US$$0$0
Repos – 14 Days US$$0$33,915,138
Repos – 28 Days US$$0$29,090,729
Repos – 91 Days US$$0$14,966,211
Total$0$77,972,078

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Interbank interest rates

Vietnam’s interbank interest rates rose across most tenors.

The overnight rate decreased to 4.66 percent (down 0.75 points).

The 1-week rate fell to 5.31 percent, and the 2-week rate fell to 5.72 percent.

The 1-month rate increased to 6.30 percent, while the 3-month and 6-month rates rose to 7.41 and rose to 8.10 percent respectively.

The 9-month tenor rose to 8.10 percent.

Vietnam interbank interest rates, 9 January 2026

9 Jan8 JanChange
Overnight4.665.41-0.75
1 Week5.315.86-0.55
2 Weeks5.726.28-0.56
1 Month6.306.140.16
3 Months7.416.710.70
6 Months8.105.312.79
9 Months8.106.521.58

See yesterday’s exchange rate activity→

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