Forecast up or down?

Japanese Yen exchange rate on January 6, 2025 in the domestic market

The Japanese Yen exchange rate on the morning of January 6, 2025 at banks is updated as follows:

Vietcombank : Buying price is 156.20 VND/JPY and selling price is 165.28 VND/JPY.

Vietinbank : Buying price 158.04 VND/JPY and selling price 165.79 VND/JPY.

BIDV Bank: Exchange rates are 157.39 VND/JPY (buy) and 165.55 VND/JPY (sell) respectively.

Agribank: Buying price reached 158.20 VND/JPY, while selling price was 165.64 VND/JPY.

Eximbank: Buying and selling prices are 159.05 VND/JPY and 164.84 VND/JPY respectively.

Sacombank: Buying rate is 158.61 VND/JPY, selling rate is 165.64 VND/JPY.

Techcombank: Buying rate is 155.42 VND/JPY, selling rate is 167.88 VND/JPY.

NCB Bank: The buying price is 157.19 VND/JPY and the selling price is 165.46 VND/JPY.

HSBC Bank: Buying price reached 157.71 VND/JPY, while selling price was 164.60 VND/JPY.

According to analysis by Dak Nong Newspaper, Eximbank and Sacombank are currently the two banks offering the highest buying rate for Japanese Yen. In contrast, HSBC offers the lowest selling rate for Japanese Yen among the above banks.

*Note: Cash buying and selling rates
Day	January 6 , 2025		Change from previous session
Bank	Buy	Sell	Buy	Sell
Vietcombank	156.20	165.28	-	-
VietinBank	158.04	165.79	-	-
BIDV	157.39	165.55	-	-
Agribank	158.20	165.64	-	-
Eximbank	159.05	164.84	-	-
Sacombank	158.61	165.64	-	-
Techcombank	155.42	167.88	-	-
NCB	157.19	165.46	-	-
HSBC	157.71	164.60	-	-

1. BIDV - Updated: January 3, 2025 1:59 PM - Time of website supply source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
US Dollar	USD	25,250	25,250	25,550
Dollar	USD(1-2-5)	24,240	-	-
Dollar	USD(10-20)	24,240	-	-
British Pound	GBP	31,156	31,227	32,068
Hong Kong Dollar	HKD	3,214	3,221	3,312
Swiss Franc	CHF	27,565	27,592	28,405
Japanese Yen	JPY	157.39	157.64	165.55
Thai Baht	THB	679.25	713.05	761.32
Australian Dollar	AUD	15,598	15,622	16,072
Canadian Dollar	CAD	17,465	17,490	17,975
Singapore Dollar	SGD	18,243	18,318	18,909
Swedish Krone	SEK	-	2,245	2,319
Lao Kip	LAK	-	0.89	1.23
Danish Krone	DKK	-	3,444	3,557
Norwegian Krone	NOK	-	2,198	2,270
Chinese Yuan	CNY	-	3,447	3,543
Russian Ruble	RUB	-	-	-
New Zealand Dollar	NZD	13,993	14,080	14,462
Korean Won	KRW	15.18	16.77	18.12
Euro	EUR	25,711	25,752	26,893
Taiwanese Dollar	TWD	697.37	-	842.5
Malaysian Ringgit	MYR	5,285.7	-	5,948.82
Saudi Arabian Riyals	SAR	-	6,654.25	6,994.94
Kuwaiti Dinar	KWD	-	80,141	85,176
SJC gold 1 tael (unit: 1000 VND)	XAU	-	-	85,500

1. TCB - Updated: 06/01/2025 05:30 - Time of the source website
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
AUD	AUD	15257	15520	16159
CAD	CAD	17056	17327	17949
CHF	CHF	27336	27699	28349
CNY	CNY	0	3358	3600
EUR	EUR	25569	25824	26666
GBP	GBP	30762	31139	32087
HKD	HKD	0	3135	3339
JPY	JPY	154	158	165
KRW	KRW	0	0	19
NZD	NZD	0	13944	14544
SGD	SGD	18003	18277	18815
THB	THB	652	715	769
USD	USD (1.2)	25145	0	0
USD	USD (5,10,20)	25180	0	0
USD	USD (50,100)	25207	25240	25550

Forecast of Japanese Yen exchange rate trend

Japanese Finance Minister Katsunobu Kato expressed concern over the weakening yen and said he would take necessary measures to curb excessive volatility in the foreign exchange market.

The yen has been supported by talk of possible intervention from the Japanese government over the past week, but its recovery has been hampered by uncertainty over the Bank of Japan’s (BoJ) strategy.

Next week, the BoJ is due to release its quarterly economic report, a key document assessing the impact of nationwide wage hikes, which could provide clues on policy direction at its meeting on Jan. 24.

At the same time, the market is also closely monitoring the moves of the Japanese government, especially the possibility of intervening in the foreign exchange market to prevent further depreciation of the Yen.

Source: https://baodaknong.vn/ty-gia-yen-nhat-ngay-6-1-2025-du-bao-tang-hay-giam-238994.html