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Vietnam C.bank weakens central exchange rate, black market dong stronger, April 01, 2026

On April 1, in Vietnam, the black market US dollar buy rate was VND 27,500, and the sell rate was VND 27,550, a change of 530, and 530, respectively, for a mid-market rate of VND 27,525 (down 1.89 percent), according to prices quoted by Ty Gia USD.

Scatter chart change in Vietnam dong exchange rates, 1 April 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,105, while the Google Finance mid-market rate stood at VND 26,337.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 2,420 or 9.64 percent.

Vietnam exchange rates, 1 April 2026

1 Apr31 MarChange%
Black Market: Mid-market27,52528,055-530-1.89%
SBV: Central Exchange Rate25,10525,10230.01%
Google Finance: Mid Market Rate26,33726,344-7-0.03%
Black Market: Buy27,50028,030-530-1.89%
Black Market: Sell27,55028,080-530-1.89%
Spread: SBV / Black Market MM2,4202,953-533-18.05%
Spread: SBV / Black Market MM9.64%11.76%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$949.26 million for 7 days, US$1139.11 million for 14 days, US$0.00 million for 21 days, US$0.00 million for 28 days, US$379.70 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 1 April 2026

1 Apr31 Mar
Repos – 7 Days US$$949,255,000$759,200,000
Repos – 14 Days US$$1,139,106,000$1,138,800,000
Repos – 21 Days US$$0$0
Repos – 28 Days US$$0$0
Repos – 56 Days US$$379,702,000$569,400,000
Repos – 63 Days US$$0$0
Total$2,468,063,000$2,467,400,000

Interbank interest rates

Vietnam’s interbank interest rates rose across most tenors.

The overnight rate increased to 11.42 percent (up 6.79 points).

The 1-week rate rose to 11.27 percent, and the 2-week rate rose to 8.94 percent.

The 1-month rate decreased to 7.40 percent, while the 3-month and 6-month rates fell to 7.60 and fell to 7.75 percent respectively.

The 9-month tenor was unchanged at 7.82 percent.

Vietnam interbank interest rates, 1 April 2026

1 Apr31 MarChange
Overnight11.424.636.79
1 Week11.276.614.66
2 Weeks8.947.851.09
1 Month7.407.50-0.10
3 Months7.607.69-0.09
6 Months7.757.750.00
9 Months7.827.820.00

See yesterday’s exchange rate activity→

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