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

On February 11, in Vietnam, the black market US dollar buy rate was VND 26,220, and the sell rate was VND 26,270, a change of 280 and 280, respectively, for a mid-market rate of VND 26,245 (down 1.06 percent), according to prices quoted by Ty Gia USD.

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,050, while the Google Finance mid-market rate stood at VND 25,996.

Bar chart change in Vietnam dong, 11 February 2026

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,195 or 4.77 percent.

Vietnam exchange rates, 11 February 2026

11 Feb10 FebChange%
Black Market: Mid-market26,24526,525-280-1.06%
SBV: Central Exchange Rate25,05025,055-5-0.02%
Google Finance: Mid Market Rate25,99625,8861110.43%
Black Market: Buy26,22026,500-280-1.06%
Black Market: Sell26,27026,550-280-1.05%
Spread: SBV / Black Market MM1,1951,470-275-18.71%
Spread: SBV / Black Market MM4.77%5.87%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$0.00 million for 7 days, US$192.34 million for 14 days, US$0.00 million for 28 days, US$113.15 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 11 February 2026

11 Feb10 Feb
Repos – 7 Days US$$0$0
Repos – 14 Days US$$192,337,500$249,992,081
Repos – 28 Days US$$0$0
Repos – 56 Days US$$113,150,613$825,608,160
Repos – 91 Days US$$0$0
Total$305,488,113$1,075,600,240

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 9.92 percent (down 0.00 points).

The 1-week rate fell to 9.67 percent, and the 2-week rate fell to 9.31 percent.

The 1-month rate decreased to 8.74 percent, while the 3-month and 6-month rates fell to 8.58 and 7.88 percent respectively.

The 9-month tenor was unchanged at 8.10 percent.

Vietnam interbank interest rates, 11 February 2026

11 Feb10 Feb
Overnight9.929.92
1 Week9.679.67
2 Weeks9.319.31
1 Month8.748.74
3 Months8.588.58
6 Months7.887.88
9 Months8.108.10


See yesterday’s exchange rate activity→

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