Will the Yen Recover?

Việt NamViệt Nam13/01/2025


Domestic Yen exchange rate today January 13, 2025

Today's Japanese Yen exchange rate surveyed on the morning of January 13, 2025 at banks, specifically as follows:

At Vietcombank, the Vietcombank Japanese Yen exchange rate is 155.01 VND/JPY and the selling rate is 164.02 VND/JPY.

At Vietinbank, the buying and selling Yen exchange rates are equivalent to 156.82 VND/JPY and 164.57 VND/JPY.

At BIDV bank, the buying and selling rates of Japanese Yen reached 155.86 VND/JPY and 164.34 VND/JPY, respectively.

At Agribank, the Japanese Yen buying and selling rates are 156.94 VND/JPY and 164.43 VND/JPY, respectively.

At Eximbank, the buying and selling rates are 158.12 VND/JPY and 163.68 VND/JPY, respectively.

At Sacombank, the buying and selling rates of Japanese Yen are 157.63 VND/JPY and 164.66 VND/JPY, respectively.

At Techcombank, the buying and selling rates of Japanese Yen are 153.96 VND/JPY and 166.35 VND/JPY, respectively.

At NCB bank, the Japanese Yen exchange rate is 155.98 VND/JPY for buying and 164.26 VND/JPY for selling.

At HSBC bank, the buying rate of Japanese Yen is 156.66 VND/JPY and the selling rate is 163.57 VND/JPY.

According to a survey by Cong Thuong Newspaper, today's Japanese Yen exchange rate at Exim Bank is the bank with the highest Japanese Yen buying rate and HSBC is the bank with the lowest Japanese Yen selling rate among banks .

At 6:00 a.m. on January 13 , 2025 , the summary table of Yen/VND exchange rates at some banks is as follows:

*Note: Cash buying and selling rates

Day

January 13 , 2025

Change from previous session

Bank

Buy

Sell

Buy

Sell

Vietcombank

155.01

164.02

VietinBank

156.07

165.77

BIDV

155.86

164.34

Agribank

156.94

164.43

Eximbank

158.12

163.68

Sacombank

157.63

164.66

Techcombank

153.96

166.35

NCB

155.98

164.26

HSBC

156.66

163.57

Black market rate (VND/JPY)

163

164

1. Sacombank – Updated: June 15, 2006 07:16 – Time of website source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25176 25176 25558
AUD AUD 15339 15439 16002
CAD CAD 17255 17355 17909
CHF CHF 27366 27396 28278
CNY CNY 0 3424.4 0
CZK CZK 0 990 0
DKK DKK 0 3500 0
EUR EUR 25678 25778 26651
GBP GBP 30684 30734 31851
HKD HKD 0 3271 0
JPY JPY 157.63 158.13 164.66
KHR KHR 0 6,032 0
KRW KRW 0 17.1 0
LAK LAK 0 1.122 0
MYR MYR 0 5820 0
NOK NOK 0 2229 0
NZD NZD 0 13947 0
PHP PHP 0 412 0
SEK SEK 0 2280 0
SGD SGD 18159 18289 19010
THB THB 0 677.9 0
TWD TWD 0 770 0
XAU XAU 8450000 8450000 8620000
XBJ XBJ 7900000 7900000 8620000
1. TCB – Updated: 01/13/2025 06:00 – Time of the source website
Foreign currency Buy Sell
Name Code Cash Transfer
AUD AUD 15069 15332 15976
CAD CAD 17065 17336 17959
CHF CHF 27060 27422 28065
CNY CNY 0 3358 3600
EUR EUR 25376 25631 26475
GBP GBP 30179 30553 31517
HKD HKD 0 3127 3331
JPY JPY 154 158 164
KRW KRW 0 0 19
NZD NZD 0 13787 14377
SGD SGD 17968 18242 18768
THB THB 646 709 766
USD USD (1.2) 25115 0 0
USD USD (5,10,20) 25150 0 0
USD USD (50,100) 25177 25210 25558

On the "black market", the black market Japanese Yen exchange rate as of January 13 , 2025 this morning is as follows:

Tỷ giá Yen Nhật hôm nay 13/1/2025: Đồng Yen có phục hồi?

So what is the black market Yen rate today ?

Today, January 13, 2025, surveying the black market, the Japanese Yen/VND exchange rate was traded at 163 VND/JPY for buying and 164 VND/JPY for selling.

In Hanoi, the largest currency exchange street in Hanoi that helps you exchange many types of foreign currencies is Ha Trung currency exchange street. At Ha Trung currency exchange street, you can exchange popular foreign currencies on the market today such as USD (US dollar), Euro, Yen (Japanese Yen), Won (Korean Won), ... and many other currencies. Therefore, the Ha Trung Japanese Yen exchange rate is also a keyword that readers are interested in and Quoc Trinh Ha Trung store is an address that is advertised a lot on social networks. However, when exchanging money at these foreign currency streets, you need to comply with the regulations of Vietnamese law.

Tỷ giá Yen Nhật hôm nay 13/1/2025: Đồng Yen có phục hồi?
Eximbank is the bank with the highest Japanese Yen buying rate. Illustrative photo

Yen exchange rate trend forecast

Fresh data on strong wage growth in Japan, along with rising inflationary pressures, has raised the possibility that the Bank of Japan (BoJ) will tighten policy further.

In addition, the widening gap in interest rates between the US and Japan due to the US Federal Reserve’s hawkish stance has also limited the strength of the low-interest-bearing Yen. However, rumors that the Japanese government may intervene to support the Yen have made investors hesitant to bet on the weakening of the domestic currency.

In particular, concerns about the geopolitical situation, protectionist policies of US President-elect Donald Trump and caution in the market also continue to play a supporting role for the Yen, which is considered a safe asset.

Data released today showed that Japan’s basic wages rose 2.7 percent in November, the highest since 1992, and overtime pay also rose 1.6 percent from the previous month. However, real wages (after adjusting for inflation) fell 0.3 percent for the fourth consecutive month, as inflation rose to 3.4 percent year-on-year.

The Bank of Japan (BoJ) has repeatedly stressed that steady and broad wage growth is a prerequisite for raising interest rates. The new data supports the possibility of a rate hike in the future, but markets do not expect it to happen at its January meeting. The BoJ may wait until March, especially given the uncertainty surrounding Donald Trump's protectionist policies.

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Hanoi:

1. Quoc Trinh Ha Trung Gold Shop – No. 27 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

2. Gold and Silver Fine Arts – No. 31 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

3. Minh Chien Gold and Silver Store – No. 119 Cau Giay, Cau Giay District, Hanoi

4. Thinh Quang Gold and Silver Company – No. 43 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

5. Toan Thuy Store – No. 455 Nguyen Trai, Thanh Xuan, Hanoi and No. 6 Nguyen Tuan, Thanh Xuan, Hanoi

6. Bao Tin Minh Chau Gold, Silver and Gemstones – No. 19 Tran Nhan Tong, Bui Thi Xuan, Hanoi

7. Chinh Quang Store – No. 30 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

8. Kim Linh 3 Store – No. 47 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

9. Huy Khoi Store – No. 19 Ha Trung, Hang Bong, Hoan Kiem District, Hanoi

10. System of transaction offices at banks such as: Sacombank, VietinBank, Vietcombank, SHB

Refer to the popular addresses for Foreign Currency Exchange - Buying and Selling USD in Ho Chi Minh City:

1. Minh Thu Currency Exchange – 22 Nguyen Thai Binh, District 1, Ho Chi Minh City

2. Kim Mai Gold Shop – 84 Cong Quynh, District 1, Ho Chi Minh City

3. Kim Chau Gold Shop – 784 Dien Bien Phu, Ward 10, District 10, Ho Chi Minh City

4. Saigon Jewelry Center – 40-42 Phan Boi Chau, District 1, Ho Chi Minh City

5. Kim Hung foreign currency exchange agency – No. 209 Pham Van Hai, Binh Chanh, Ho Chi Minh City

6. DOJI Jewelry Store – Diamond Plaza Le Duan, 34 Le Duan, Ben Nghe, District 1, Ho Chi Minh City

7. Kim Tam Hai Shop – No. 27 Truong Chinh, Tan Thoi Nhat Ward, District 12, Ho Chi Minh City

8. Bich Thuy Gold Shop – No. 39 Pham Van Hai Market, Ward 3, Tan Binh District, Ho Chi Minh City

9. Ha Tam Gold Shop – No. 2 Nguyen An Ninh, Ben Thanh Ward, District 1, Ho Chi Minh City

10. System of transaction offices at banks in Ho Chi Minh City such as: Sacombank, VietinBank, Vietcombank, SHB, Eximbank

Source: https://congthuong.vn/ty-gia-yen-nhat-hom-nay-1312025-dong-yen-co-phuc-hoi-369226.html


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