Japanese Yen exchange rate today April 22, 2025: Continue to increase

On the morning of April 22, 2025, the Japanese Yen exchange rate at domestic banks continued to record slight fluctuations, but still maintained its role as a safe "haven" for investors in the context of a volatile market.

Specifically, at Vietcombank, the buying rate is 177.65 VND/JPY, the selling rate is 188.93 VND/JPY. At BIDV , the buying and selling rates are 180.20 and 188.59 VND/JPY, respectively.

VietinBank traded at a higher level with 179.82 VND/JPY buying and 189.52 VND/JPY selling.

Some other banks such as Agribank , Sacombank and HSBC also kept the exchange rate around 179-181 VND for buying and 187-189 VND for selling.

Among the surveyed banks, Eximbank has the highest buying price and at the same time the lowest selling price.

In the black market, the Japanese Yen exchange rate today is recorded at 182.07 VND/JPY for buying and 183.27 VND/JPY for selling.

*Note: Cash buying and selling rates
Bank	Buy	Sell
Vietcombank	177.65	188.93
VietinBank	179.82	189.52
BIDV	180.20	188.59
Agribank	179.63	187.93
Eximbank	180.99	187.23
Sacombank	180.91	187.94
Techcombank	177.18	189.8
NCB	178.40	188.76
HSBC	179.41	187.33
Black market rate (VND/JPY)	183.74	184.94

The Japanese Yen is still considered one of the top safe havens for global investors. Over the past two weeks, the Yen, along with the Euro and the Swiss Franc, has recorded a sharp increase of 5% to 8% against the USD. This development reflects the market's confidence in the stability of the Yen, especially when basic wages at many Japanese companies are increasing, creating a foundation for the Bank of Japan (BoJ) to continue its policy of raising interest rates.

Meanwhile, the US Federal Reserve (Fed) is under great pressure to cut interest rates due to concerns about the US economic slowdown, partly due to new tax policies. The interest rate gap between the US and Japan is therefore gradually narrowing, making the "carry trade" investment strategy less attractive. If this trend continues, the Yen is likely to continue to maintain its recovery momentum in the medium term.

It is expected that at the G20 meeting starting from April 22, the exchange rate issue may be included in the agenda between the Japanese and US Finance Ministers. Currently, the exchange rate of 140 JPY to 1 USD is considered an important threshold. If the US increases pressure to force Japan to adjust, it is possible that the exchange rate may fall to 130 JPY/USD.

Despite some pressures, Japan is still highly regarded for its large economy, political stability and highly liquid financial markets, which have helped the yen retain its appeal as a safe haven asset for international investors.

Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-22-4-2025-tiep-tuc-tang-3153328.html