Vietnam C.bank weakens central exchange rate, black market dong weaker, June 25, 2026

On June 25, in Vietnam, the black market US dollar buy rate was VND 26,600, and the sell rate was VND 26,640, a change of 120 and 140, respectively, for a mid-market rate of VND 26,620 (up 0.49 percent), according to prices quoted by Ty Gia USD.

Scatter chart change in Vietnam dong exchange rates, 25 June 2026

Meanwhile, the State Bank of Vietnam’s central exchange rate was set at VND 25,197, while the Google Finance mid-market rate stood at VND 26,321.

The spread between the SBV’s central exchange rate and black-market mid-market rates was VND 1,423 or 5.65 percent.

Vietnam exchange rates, 25 June 2026

25 Jun24 JunChange%
Black Market: Mid-market26,62026,4901300.49%
SBV: Central Exchange Rate25,19725,19250.02%
Google Finance: Mid Market Rate26,32126,334-13-0.05%
Black Market: Buy26,60026,4801200.45%
Black Market: Sell26,64026,5001400.53%
Spread: SBV / Black Market MM1,4231,2981259.63%
Spread: SBV / Black Market MM5.65%5.15%

Open market operations

The State Bank of Vietnam conducted repo operations worth US$0.00 million for 7 days, US$0.00 million for 14 days, US$0.00 million for 21 days, US$34.67 million for 35 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, 25 June 2026

25 Jun24 Jun
Repos – 7 Days US$$0$0
Repos – 14 Days US$$0$0
Repos – 21 Days US$$0$0
Repos – 35 Days US$$34,671,956$36,953,190
Repos – 56 Days US$$37,992,500$37,975,100
Repos – 63 Days US$$0$0
Total$72,664,456$74,928,290

Interbank interest rates

Vietnam’s interbank interest rates fell across most tenors.

The overnight rate decreased to 3.79 percent (down 2.41 points).

The 1-week rate rose to 7.52 percent, and the 2-week rate rose to 7.78 percent.

The 1-month rate decreased to 7.98 percent, while the 3-month and 6-month rates rose to 8.01 and fell to 7.95 percent respectively.

The 9-month tenor fell to 8.06 percent.

Vietnam interbank interest rates, 25 June 2026

25 Jun24 JunChange
Overnight3.796.20-2.41
1 Week7.526.750.77
2 Weeks7.787.620.16
1 Month7.988.05-0.07
3 Months8.017.940.07
6 Months7.958.00-0.05
9 Months8.068.23-0.17

See yesterday’s exchange rate activity→

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