The State Bank of Vietnam’s central exchange rate remained unchanged at VND 25,098 per US$1.
The Google Finance mid-market rate eased slightly to VND 26,314 per US$1, down 19 dong or 0.07 percent from the previous day.
The black-market rate stayed flat, with buying at VND 27,520 and selling at VND 27,620, keeping the mid-market rate at VND 27,570 per US$1.
The spread between the official and black-market mid-market rates was stable at VND 2,472 or 9.85 percent.
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Vietnam exchange rates, 24 October 2025
| 24 Oct | 23 Oct | Change | % | |
| SBV: Central Exchange Rate | 25,098 | 25,098 | 0 | 0.00% |
| Google Finance: Mid Market Rate | 26,314 | 26,333 | -19 | -0.07% |
| Black Market: Buy | 27,520 | 27,520 | 0 | 0.00% |
| Black Market: Sell | 27,620 | 27,620 | 0 | 0.00% |
| Black Market: Mid-market | 27,570 | 27,570 | 0 | 0.00% |
| Spread: SBV / Black Market MM | 2,472 | 2,472 | 0 | -% |
| Spread: SBV / Black Market MM | 9.85% | 9.85% | – | – |
Open market operations
The State Bank of Vietnam sharply increased short-term liquidity injections on 24 October.
Seven-day repos rose to US$152.01 million from US$37.98 million, while 14-day repos climbed to US$342.02 million from US$189.88 million.
In contrast, new 28-day repos fell to US$190.01 million from US$303.80 million yesterday.
Ninety-one-day repos surged to US$152.01 million from US$37.98 million.
No 7-day T-bills were issued.
Vietnam open market operations, 24 October 2025
| 24 Oct | 23 Oct | |
| Repos – 7 Days US$ | $152,010,400 | $37,975,100 |
| Repos – 14 Days US$ | $342,023,400 | $189,875,500 |
| Repos – 28 Days US$ | $190,013,000 | $303,800,800 |
| Repos – 91 Days US$ | $152,010,400 | $37,975,100 |
| T-Bills – 7 Days US$ | 0 | 0 |
Interbank interest rates
Interbank rates rose across most short tenors on 24 October.
The overnight rate jumped 0.97 percentage points to 6.16 percent, while the one-week rate climbed 0.57 points to 5.91 percent.
Two-week and one-month tenors rose to 6.07 and 6.00 percent, respectively.
Longer terms were mixed, with the three-month rate up slightly to 5.79 percent, six-month down to 5.81 percent, and nine-month steady at 5.10 percent.
The data indicate tighter short-term liquidity conditions in the interbank market.
Vietnam interbank interest rates, 24 October 2025
| 24 Oct | 23 Oct | Change | |
| Overnight | 6.16 | 5.19 | 0.97 |
| 1 Week | 5.91 | 5.34 | 0.57 |
| 2 Weeks | 6.07 | 5.33 | 0.74 |
| 1 Month | 6.00 | 5.45 | 0.55 |
| 3 Months | 5.79 | 5.47 | 0.32 |
| 6 Months | 5.81 | 6.00 | -0.19 |
| 9 Months | 5.10 | 5.10 | 0.00 |
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