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Japanese Yen exchange rate today April 16, 2025: Continued slight increase

Japanese Yen exchange rate today April 16, 2025: Continued to increase slightly at many domestic commercial banks, extending the recovery momentum after previous increases.

Báo Nghệ AnBáo Nghệ An16/04/2025

At Vietcombank, the buying rate is 174.55 VND/JPY and the selling rate is 185.64 VND/JPY. VietinBank trades Yen at 176.50 VND/JPY for buying and 186.20 VND/JPY for selling. BIDV listed the buying price at 177.21 VND/JPY and the selling price at 185.49 VND/JPY.

Several other banks also recorded quite high exchange rates. Eximbank currently has the best buying price at 177.94 VND/JPY, while HSBC has the lowest selling price in the market, at 183.46 VND/JPY.

In the free market (black market), the Yen price today is trading around 180.19 VND/JPY for buying and 181.19 VND/JPY for selling, not much fluctuation compared to the previous session.

At 6:00 a.m. on April 16, 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
174.55
185.64
VietinBank
176.50
186.20
BIDV
177.21
185.49
Agribank
176.64
184.75
Eximbank
177.94
184.51
Sacombank
177.57
184.64
Techcombank
174.03
186.7
NCB
175.22
185.58
HSBC
175.71
183.46
Black market rate (VND/JPY)
180.19
181.19
Japanese Yen exchange rate today April 16, 2025: Continued slight increase

Since the beginning of April, the Japanese Yen has recorded an increase of about 5.5%, reflecting a clear recovery trend after the previous period of weakness. Currently, the JPY/VND exchange rate is fluctuating around 176.22 VND/JPY for buying and 185.54 VND/JPY for selling.

One of the factors supporting this increase is the expectation that the Bank of Japan (BoJ) will continue its policy of raising interest rates. This move is driven by the increase in basic wages at many Japanese companies, thereby creating a stable foundation for the Yen.

In addition, the interest rate differential between the US Federal Reserve (Fed) and the BoJ is gradually narrowing. This makes "carry trade" investment strategies less attractive, thereby helping the Yen have more opportunities to recover in the medium term.

Analysts also appreciate the strength of the Japanese currency thanks to its large economy, stable political environment and highly liquid financial markets. Thanks to that, Yen continues to be considered a safe haven asset in the context of volatile international markets.

Source: https://baonghean.vn/ty-gia-yen-nhat-hom-nay-16-4-2025-tiep-tuc-tang-nhe-10295221.html


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