Vietnam C.bank weakens central exchange rate, black market dong weaker, Thursday

On January 8, in Vietnam, the black market US dollar buy rate was VND 26,840 and the sell rate was VND 26,880, a change of 564 and 0, respectively, for a mid-market rate of VND 26,860 (up 1.06 percent), according to Ty Gia USD.

Bar chart change in Vietnam dong, 8 January 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,273, while the Google Finance mid-market rate stood at VND 26,269.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,587 or 6.28 percent.

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Vietnam exchange rates, 8 January 2026

8 Jan7 JanChange%
Black Market: Mid-market26,86026,5782821.06%
SBV: Central Exchange Rate25,27325,1221510.60%
Google Finance: Mid Market Rate26,26926,276-8-0.03%
Black Market: Buy26,84026,2765642.15%
Black Market: Sell26,88026,88000.00%
Spread: SBV / Black Market MM1,5871,4561319.00%
Spread: SBV / Black Market MM6.28%5.80%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$0.00 million for 7 days, US$33.92 million for 14 days, US$29.09 million for 28 days, US$14.97 million for 91 days, with no 7-day T-bills issued.

Vietnam open market operations, 8 January 2026

8 Jan7 Jan
Repos – 7 Days US$$0$0
Repos – 14 Days US$$33,915,138$38,057,600
Repos – 28 Days US$$29,090,729$38,057,600
Repos – 91 Days US$$14,966,211$38,057,600
Total$77,972,078$114,172,800

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Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 5.41 percent (down 1.47 points).

The 1-week rate fell to 5.86 percent, and the 2-week rate fell to 6.28 percent.

The 1-month rate decreased to 6.14 percent, while the 3-month and 6-month rates fell to 6.71 and fell to 5.31 percent respectively.

The 9-month tenor fell to 6.52 percent.

Vietnam interbank interest rates, 8 January 2026

8 Jan7 JanChange
Overnight5.416.88-1.47
1 Week5.867.29-1.43
2 Weeks6.287.13-0.85
1 Month6.148.24-2.10
3 Months6.717.95-1.24
6 Months5.318.28-2.97
9 Months6.527.30-0.78

See yesterday’s exchange rate activity→

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