At commercial banks, the buying and selling rates fluctuate around 174 to nearly 187 VND for each Japanese Yen.
Specifically, Vietcombank is buying at 175.39 VND/JPY and selling at 185.54 VND/JPY. VietinBank listed the exchange rate slightly higher, at 176.94 VND/JPY (buy) and 186.64 VND/JPY (sell). At BIDV, the buying price is 177.26 and the selling price is 185.51 VND/JPY, while Agribank offers a buying price of 177.07 and a selling price of 185.20 VND/JPY.
Eximbank is currently the bank buying Japanese Yen at the highest price, at 178.87 VND/JPY, while HSBC has the lowest selling price, only 184.16 VND/JPY. Banks such as Sacombank , Techcombank, NCB and HSBC also recorded quite strong exchange rate fluctuations, showing competition in exchange rate policies between banks.
On the black market, the Japanese Yen exchange rate today also increased compared to the previous session. The buying rate reached 180.63 VND/JPY, while the selling price was at 181.63 VND/JPY.
| *Note: Cash buying and selling rates | ||
| Bank | Buy | Sell |
| Vietcombank | 175.39 | 186.54 |
| VietinBank | 176.94 | 186.64 |
| BIDV | 177.26 | 185.51 |
| Agribank | 177.07 | 185.20 |
| Eximbank | 178.87 | 185.40 |
| Sacombank | 177.86 | 184.91 |
| Techcombank | 174.17 | 186.81 |
| NCB | 176.02 | 186.38 |
| HSBC | 176.39 | 184.16 |
| Black market rate (VND/JPY) | 180.63 | 181.63 |
Since the beginning of April, the Japanese Yen has increased by about 5.5%, reflecting a strong recovery compared to other currencies in the region. Currently, the JPY/VND exchange rate is fluctuating around 176.22 VND per Yen for buying and 185.54 VND for selling.
Analysts say the yen’s rise comes from expectations that the Bank of Japan (BoJ) will continue to raise interest rates. This is reinforced by the trend of increasing basic salaries at many large Japanese companies, helping to strengthen the currency’s stable foundation.
Meanwhile, the US Federal Reserve (Fed) is under pressure to cut interest rates due to concerns that the US economy will slow down due to current tax policies. The interest rate gap between the Fed and the BoJ is gradually narrowing, reducing the appeal of interest rate differential investment strategies - also known as "carry trade". If this trend continues, the Yen is likely to not only maintain stability but also continue to appreciate in the medium term.
Experts also highly appreciate Japan's economic and political foundation. With a large economy, stable politics and highly liquid financial markets, the Yen is becoming a safe and attractive investment channel in the context of a volatile world.
Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-17-4-2025-xu-huong-tang-manh-3152964.html
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