Vietnam C.bank weakens central exchange rate, black market dong stronger, May 15, 2026

On May 15, in Vietnam, the black market US dollar buy rate was VND 26,360, and the sell rate was VND 26,390, a change of 10 and 10, respectively, for a mid-market rate of VND 26,375 (down 0.04 percent), according to prices quoted by Ty Gia USD.

Scatter chart change in Vietnam dong exchange rates, 15 May 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,131, while the Google Finance mid-market rate stood at VND 26,355.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,244 or 4.95 percent.

Vietnam exchange rates, 15 May 2026

15 May14 MayChange%
Black Market: Mid-market26,37526,385-10-0.04%
SBV: Central Exchange Rate25,13125,12650.02%
Google Finance: Mid Market Rate26,35526,34690.03%
Black Market: Buy26,36026,370-10-0.04%
Black Market: Sell26,39026,400-10-0.04%
Spread: SBV / Black Market MM1,2441,259-15-1.19%
Spread: SBV / Black Market MM4.95%5.01%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$189.72 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 21 days, US$37.94 million for 28 days, US$37.94 million for 56 days, US$0.00 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 15 May 2026

15 May14 May
Repos – 7 Days US$$189,721,000$113,869,500
Repos – 14 Days US$$0$0
Repos – 21 Days US$$0$0
Repos – 28 Days US$$37,944,200$37,956,500
Repos – 56 Days US$$37,944,200$37,956,500
Repos – 63 Days US$$0$0
Total$265,609,400$189,782,500

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 6.32 percent (down 0.01 points).

The 1-week rate rose to 6.49 percent, and the 2-week rate fell to 6.62 percent.

The 1-month rate increased to 6.89 percent, while the 3-month and 6-month rates rose to 6.90 and fell to 7.80 percent respectively.

The 9-month tenor was unchanged at 8.30 percent.

Vietnam interbank interest rates, 15 May 2026

15 May14 MayChange
Overnight6.326.33-0.01
1 Week6.496.400.09
2 Weeks6.626.620.00
1 Month6.896.540.35
3 Months6.906.770.13
6 Months7.808.50-0.70
9 Months8.308.300.00

See yesterday’s exchange rate activity→

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