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Can increase price sharply

Việt NamViệt Nam08/04/2025


On the morning of April 8, 2025, the Japanese Yen exchange rate surveyed at many domestic banks showed a slight difference between units.

At Vietcombank, the buying rate is 169.90 VND/JPY and the selling rate is 180.70 VND/JPY. Meanwhile, Vietinbank listed the buying rate at 171.41 VND/JPY and the selling rate at 181.11 VND/JPY. BIDV Bank traded at 172.79 VND/JPY for buying and 180.80 VND/JPY for selling. Agribank listed 172.17 VND/JPY for buying and 180.26 VND/JPY for selling.

At Eximbank, the buying rate was 173.15 VND/JPY and the selling rate was 179.15 VND/JPY. Sacombank recorded a buying rate of 173.10 VND/JPY and a selling rate of 180.12 VND/JPY. Techcombank listed a lower rate, with a buying rate of 168.85 VND/JPY and a selling rate of 181.49 VND/JPY. At NCB, the buying and selling rates were 165.84 and 176.12 VND/JPY, respectively. HSBC traded at a buying rate of 172.10 VND/JPY and a selling rate of 179.69 VND/JPY.

According to the survey, Eximbank is the bank with the highest Yen buying price and the lowest selling price among the surveyed banks.

On the black market, the Japanese Yen exchange rate is traded higher than that of banks. Specifically, the buying price is 176.30 VND/JPY and the selling price is 177.60 VND/JPY.

Japanese Yen exchange rate today April 8, 2025: May increase sharply

At 6:00 a.m. on April 8 , 2025 , the summary table of Yen/VND exchange rates at some banks is as follows:

*Note: Cash buying and selling rates
Bank
Buy
Sell
Vietcombank
169.90
180.70
VietinBank
171.41
181.11
BIDV
172.79
180.80
Agribank
172.17
180.26
Eximbank
173.15
179.15
Sacombank
173.10
180.12
Techcombank
168.85
181.49
NCB
165.84
176.12
HSBC
172.10
179.69
Black market rate (VND/JPY)
176.30
177.60

On the international front, the US Federal Reserve (Fed) is said to be considering an early interest rate cut to ease tariff pressures and support growth. If this happens, the interest rate gap between the US and Japan could narrow, making the Yen more attractive to international investors.

Goldman Sachs analyst Kamakshya Trivedi predicts the yen could strengthen to 140 yen per dollar, driven by safe-haven demand amid economic uncertainty. That’s a more optimistic forecast than Bloomberg analysts who see the yen hitting 145 yen per dollar by year-end.



Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-8-4-2025-co-the-tang-gia-manh-3152284.html

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