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

On December 30, in Vietnam, the black market US dollar buy rate was VND 26,780 and the sell rate was VND 26,840, a change of 30 and 20, respectively, for a mid-market rate of VND 26,810 (up 0.09 percent), according to Ty Gia USD.

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,124, while the Google Finance mid-market rate stood at VND 26,269.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,686 or 6.71 percent.

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Vietnam exchange rates, 30 December 2025

30 Dec29 DecChange%
Black Market: Mid-market26,81026,785250.09%
SBV: Central Exchange Rate25,12425,125-10.00%
Google Finance: Mid Market Rate26,26926,282-13-0.05%
Black Market: Buy26,78026,750300.11%
Black Market: Sell26,84026,820200.07%
Spread: SBV / Black Market MM1,6861,660261.57%
Spread: SBV / Black Market MM6.71%6.61%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$287.44 million for 7 days, US$105.33 million for 14 days, US$56.40 million for 28 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 30 December 2025

30 Dec29 Dec
Repos – 7 Days US$$287,435,498$0
Repos – 14 Days US$$105,325,712$190,244,500
Repos – 28 Days US$$56,399,582$0
Repos – 91 Days US$$0$188,983,940
Total$449,160,792$379,228,440

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Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 4.31 percent (down 1.16 points).

The 1-week rate fell to 5.04 percent, and the 2-week rate fell to 8.48 percent.

The 1-month rate decreased to 8.12 percent, while the 3-month and 6-month rates rose to 7.95 and rose to 7.10 percent respectively.

The 9-month tenor rose to 7.40 percent.

Vietnam interbank interest rates, 30 December 2025

30 Dec29 DecChange
Overnight4.315.47-1.16
1 Week5.045.87-0.83
2 Weeks8.488.72-0.24
1 Month8.128.38-0.26
3 Months7.957.820.13
6 Months7.106.930.17
9 Months7.406.750.65

See yesterday’s exchange rate activity→

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