Vietnam C.bank weakens central exchange rate, back market dong steady, May 26, 2026

On May 26, in Vietnam, the black market US dollar buy rate was VND 26,380, and the sell rate was VND 26,420, a change of 0 and 0, respectively, for a mid-market rate of VND 26,400 (down 0.00 percent), according to prices quoted by Ty Gia USD.

Scatter chart change in Vietnam dong exchange rates, 26 May 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,138, while the Google Finance mid-market rate stood at VND 26,343.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,262 or 5.02 percent.

Vietnam exchange rates, 26 May 2026

26 May25 MayChange%
Black Market: Mid-market26,40026,40000.00%
SBV: Central Exchange Rate25,13825,13620.01%
Google Finance: Mid Market Rate26,34326,358-15-0.06%
Black Market: Buy26,38026,38000.00%
Black Market: Sell26,42026,42000.00%
Spread: SBV / Black Market MM1,2621,264-2-0.16%
Spread: SBV / Black Market MM5.02%5.03%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$783.74 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 21 days, US$379.61 million for 35 days, US$265.73 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 26 May 2026

26 May25 May
Repos – 7 Days US$$783,737,918$400,345,239
Repos – 14 Days US$$0$0
Repos – 21 Days US$$0$0
Repos – 35 Days US$$379,608,000$379,399,000
Repos – 56 Days US$$265,725,600$151,759,600
Repos – 63 Days US$$0$0
Total$1,429,071,518$931,503,839

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 6.57 percent (down 0.00 points).

The 1-week rate fell to 6.70 percent, and the 2-week rate fell to 7.02 percent.

The 1-month rate decreased to 6.98 percent, while the 3-month and 6-month rates fell to 7.20 and fell to 7.20 percent respectively.

The 9-month tenor was unchanged at 8.30 percent.

Vietnam interbank interest rates, 26 May 2026

26 May25 MayChange
Overnight6.576.570.00
1 Week6.706.700.00
2 Weeks7.027.020.00
1 Month6.986.980.00
3 Months7.207.200.00
6 Months7.207.200.00
9 Months8.308.300.00

See yesterday’s exchange rate activity→

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