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

On February 6, in Vietnam, the black market US dollar buy rate was VND 27,250, and the sell rate was VND 27,320, a change of 600 and 620, respectively, for a mid-market rate of VND 27,285 (up 2.29 percent), according to prices quoted by Ty Gia USD.

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,065, while the Google Finance mid-market rate stood at VND 25,961.

Bar chart change in Vietnam dong, 6 February 2026

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 2,220 or 8.86 percent.

Vietnam exchange rates, 6 February 2026

6 Feb5 FebChange%
Black Market: Mid-market27,28526,6756102.29%
SBV: Central Exchange Rate25,06525,066-10.00%
Google Finance: Mid Market Rate25,96125,970-9-0.03%
Black Market: Buy27,25026,6506002.25%
Black Market: Sell27,32026,7006202.32%
Spread: SBV / Black Market MM2,2201,60961137.97%
Spread: SBV / Black Market MM8.86%6.42%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$282.44 million for 7 days, US$0.00 million for 14 days, US$751.65 million for 28 days, US$135.45 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 6 February 2026

6 Feb5 Feb
Repos – 7 Days US$$282,442,642$156,858,019
Repos – 14 Days US$$0$0
Repos – 28 Days US$$751,646,183$76,501,982
Repos – 56 Days US$$135,452,968$244,913,696
Repos – 91 Days US$$0$0
Total$1,169,541,793$478,273,698

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 10.19 percent (down 6.20 points).

The 1-week rate fell to 9.95 percent, and the 2-week rate fell to 8.00 percent.

The 1-month rate decreased to 8.38 percent, while the 3-month and 6-month rates fell to 7.55 and 7.51 percent respectively.

The 9-month tenor was unchanged at 8.10 percent.

Vietnam interbank interest rates, 6 February 2026

6 Feb5 FebChange
Overnight10.1916.39-6.20
1 Week9.9513.44-3.49
2 Weeks8.008.000.00
1 Month8.389.75-1.37
3 Months7.557.83-0.28
6 Months7.517.71-0.20
9 Months8.108.100.00


See yesterday’s exchange rate activity→

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