On January 23, in Vietnam, the black market US dollar buy rate was VND 26,650 and the sell rate was VND 26,700, a change of 0 and 0, respectively, for a mid-market rate of VND 26,675, according to Ty Gia USD.
Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,125, while the Google Finance mid-market rate stood at VND 26,245.
The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,550 or 6.17 percent.
Vietnam exchange rates, 23 January 2026
| 23 Jan | 22 Jan | Change | % | |
| Black Market: Mid-market | 26,675 | 26,675 | 0 | 0.00% |
| SBV: Central Exchange Rate | 25,125 | 25,125 | 0 | 0.00% |
| Google Finance: Mid Market Rate | 26,245 | 26,270 | -25 | -0.09% |
| Black Market: Buy | 26,650 | 26,650 | 0 | 0.00% |
| Black Market: Sell | 26,700 | 26,700 | 0 | 0.00% |
| Spread: SBV / Black Market MM | 1,550 | 1,550 | 0 | 0.00% |
| Spread: SBV / Black Market MM | 6.17% | 6.17% | – | – |
Open market operations
The State Bank of Vietnam conducted repo operations worth US$152.41 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 28 days, US$266.72 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.
Vietnam open market operations, 23 January 2026
| 23 Jan | 22 Jan | |
| Repos – 7 Days US$ | $152,409,983 | $0 |
| Repos – 14 Days US$ | $0 | $0 |
| Repos – 28 Days US$ | $0 | $0 |
| Repos – 56 Days US$ | $266,717,470 | $38,066,900 |
| Repos – 91 Days US$ | $0 | $0 |
| Total | $419,127,453 | $38,066,900 |
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Interbank interest rates
Vietnam’s interbank interest rates fell across most tenors.
The overnight rate decreased to 2.81 percent (down 0.03 points).
The 1-week rate fell to 3.92 percent, and the 2-week rate fell to 4.81 percent.
The 1-month rate increased to 6.78 percent, while the 3-month and 6-month rates rose to 7.43 and fell to 7.85 percent respectively.
The 9-month tenor was unchanged at 8.10 percent.
Vietnam interbank interest rates, 23 January 2026
| 23 Jan | 22 Jan | Change | |
| Overnight | 2.81 | 2.84 | -0.03 |
| 1 Week | 3.92 | 4.16 | -0.24 |
| 2 Weeks | 4.81 | 5.17 | -0.36 |
| 1 Month | 6.78 | 6.45 | 0.33 |
| 3 Months | 7.43 | 7.36 | 0.07 |
| 6 Months | 7.85 | 8.00 | -0.15 |
| 9 Months | 8.10 | 8.10 | 0.00 |