Vietnam C.bank strengthens central exchange rate, black market dong stronger, March 26, 2026

On March 26, in Vietnam, the black market US dollar buy rate was VND 27,820, and the sell rate was VND 27,870, a change of 130, and 130, respectively, for a mid-market rate of VND 27,845 (down 0.46 percent), according to prices quoted by Ty Gia USD.

Bar chart change in Vietnam dong exchange rates, 26 March 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,102, while the Google Finance mid-market rate stood at VND 26,350.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 2,743 or 10.93 percent.

Vietnam exchange rates, 26 March 2026

26 Mar25 MarChange%
Black Market: Mid-market27,84527,975-130-0.46%
SBV: Central Exchange Rate25,10225,104-2-0.01%
Google Finance: Mid Market Rate26,35026,35000.00%
Black Market: Buy27,82027,950-130-0.47%
Black Market: Sell27,87028,000-130-0.46%
Spread: SBV / Black Market MM2,7432,871-128-4.46%
Spread: SBV / Black Market MM10.93%11.44%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$37.95 million for 7 days, US$37.95 million for 14 days, US$0.00 million for 21 days, US$0.00 million for 28 days, US$37.95 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 26 March 2026

26 Mar25 Mar
Repos – 7 Days US$$37,951,384$493,359,100
Repos – 14 Days US$$37,951,384$189,753,500
Repos – 21 Days US$$0$0
Repos – 28 Days US$$0$0
Repos – 56 Days US$$37,951,384$37,950,700
Repos – 63 Days US$$0$0
Total$75,902,769$721,063,300

Interbank interest rates

Vietnam’s interbank interest rates rose across most tenors.

The overnight rate increased to 8.05 percent (up 2.67 points).

The 1-week rate rose to 8.66 percent, and the 2-week rate rose to 8.92 percent.

The 1-month rate decreased to 7.80 percent, while the 3-month and 6-month rates rose to 8.13 percent and 7.80 percent respectively.

The 9-month tenor was unchanged at 7.82 percent.

Vietnam interbank interest rates, 26 March 2026

26 Mar25 MarChange
Overnight8.055.382.67
1 Week8.666.472.19
2 Weeks8.927.451.47
1 Month7.807.83-0.03
3 Months8.137.590.54
6 Months7.807.590.21
9 Months7.827.820.00

See yesterday’s exchange rate activity→

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