Vietnam C.bank weakens central exchange rate, black market dong stronger, May 06, 2026

On May 6, Vietnam’s black market US dollar rates were quoted at VND 26,580 (buy) and VND 26,620 (sell), both up 40, for a mid-market rate of VND 26,600, down 0.15 percent, according to Ty Gia USD.

Scatter chart change in Vietnam dong exchange rates, 6 May 2026

Meanwhile, the State Bank of Vietnam set its central exchange rate at VND 25,113, while the Google Finance mid-market rate stood at VND 26,324.

The spread between the SBV’s central rate and the black-market mid-market rate was VND 1,487, or 5.92 percent.

Vietnam exchange rates, 6 May 2026

6 May5 MayChange%
Black Market: Mid-market26,60026,640-40-0.15%
SBV: Central Exchange Rate25,11325,11120.01%
Google Finance: Mid Market Rate26,32426,31860.02%
Black Market: Buy26,58026,620-40-0.15%
Black Market: Sell26,62026,660-40-0.15%
Spread: SBV / Black Market MM1,4871,529-42-2.75%
Spread: SBV / Black Market MM5.92%6.09%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$0.00 million for 7 days, US$37.99 million for 14 days, US$0.00 million for 21 days, US$37.99 million for 28 days, US$37.99 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 6 May 2026

6 May5 May
Repos – 7 Days US$$0$0
Repos – 14 Days US$$37,988,300$189,981,000
Repos – 21 Days US$$0$0
Repos – 28 Days US$$37,988,300$189,981,000
Repos – 56 Days US$$37,988,300$265,973,400
Repos – 63 Days US$$0$0
Total$113,964,900$645,935,400

Interbank interest rates

Vietnam’s interbank interest rates rose across most tenors.

The overnight rate increased to 6.62 percent (up 2.74 points).

The 1-week rate rose to 6.81 percent, and the 2-week rate rose to 6.86 percent.

The 1-month rate increased to 7.19 percent, while the 3-month and 6-month rates rose to 7.41 and 8.50 percent respectively.

The 9-month tenor was unchanged at 8.30 percent.

Vietnam interbank interest rates, 6 May 2026

6 May5 MayChange
Overnight6.623.882.74
1 Week6.816.230.58
2 Weeks6.866.480.38
1 Month7.196.710.48
3 Months7.417.080.33
6 Months8.508.000.50
9 Months8.308.300.00

See yesterday’s exchange rate activity→

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