Yen exchange rate today 4/21/2025: Export advantage

Yen exchange rate today April 21, 2025: Washington has long argued that a weak yen gives Japan an unfair export advantage.

On the morning of April 21, 2025, the Japanese Yen exchange rate in the domestic market was slightly adjusted at some banks. The difference between the buying and selling prices fluctuates depending on each bank.

At Vietcombank, the buying rate is 175.83 VND/JPY, the selling rate is 187 VND/JPY. At VietinBank, the buying rate increased to 178.10 VND and the selling rate is 187.80 VND. BIDV listed the buying rate at 178.50 VND/JPY and the selling rate at 186.81 VND/JPY.

Agribank had a lower buying rate of 177.71 VND and a selling rate of 185.88 VND/JPY. Meanwhile, Eximbank and Sacombank both offered buying rates of around 179.20 VND and selling rates of 185.36 VND and 186.25 VND, respectively.

Techcombank is buying at 175.43 VND and selling at 188.14 VND, while NCB is trading at 176.41 VND buying and 186.79 VND selling. HSBC offers 177.27 VND buying and 185.09 VND/JPY selling.

The survey shows that Eximbank is the bank with the highest buying rate of Japanese Yen, while HSBC has the lowest selling rate in the banking market.

In the free market, the Japanese Yen exchange rate on April 21 was traded around 182.07 VND/JPY for buying and 183.27 VND/JPY for selling, slightly higher than many commercial banks.

At 5:00 a.m. on April 21 , 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	175.83	187
VietinBank	178.10	187.80
BIDV	178.50	186.81
Agribank	177.71	185.88
Eximbank	179.19	185.36
Sacombank	179.20	186.25
Techcombank	175.43	188.14
NCB	176.41	186.79
HSBC	177.27	185.09
Black market rate (VND/JPY)	182.07	183.27

Last week, a delegation of senior Japanese officials traveled to the United States for trade talks, but ended the trip without reaching any concrete agreements, despite meeting with President Donald Trump. Trump met with Japanese Economic Revitalization Minister Ryosei Akazawa at the White House on Wednesday. Trump later shared on the social network Truth Social that the two sides had made “great progress” in the negotiations.

Japan is trying to become the first country to sign a tariff-reduction deal with the United States, something many observers expect to happen given Tokyo’s close ties with Washington. According to Japan, the meeting with Mr. Trump was not originally scheduled, suggesting that the White House is likely to push ahead with trade talks with allies, especially as China expands its global trade influence.

At the end of the first round of talks, Mr. Akazawa said the two sides agreed to hold the next round of talks this month to find a quick solution to the tariff issues. He expressed disappointment with the current US tariffs and called on Washington to work towards a deal that benefits both economies.

He also thanked President Trump for hosting the Japanese delegation before they met formally with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer. Mr. Akazawa was the highest-ranking Japanese official in the negotiations, while Mr. Bessent held the same role on the US side.

Notably, the talks did not address the yen exchange rate issue, which is a major concern for the United States. Washington has long argued that a weak yen gives Japan an unfair export advantage.

Source: https://baoquangnam.vn/ty-gia-yen-hom-nay-21-4-2025-loi-the-xuat-khau-3153261.html