On the morning of April 4, 2025, the Japanese Yen exchange rate at domestic banks recorded a slight difference between places. Vietcombank listed the buying rate at 169.81 VND/JPY and the selling rate at 180.60 VND/JPY. Vietinbank had a buying rate of 171.72 VND and a selling rate of 181.42 VND per Japanese Yen.
BIDV recorded a buying rate of 172 VND and a selling rate of 179.97 VND. Agribank bought at 170.59 VND and sold at 178.68 VND. Eximbank currently bought at 172.80 VND and sold at 178.79 VND. Sacombank bought at 172.91 VND and sold at 179.93 VND. Meanwhile, Techcombank bought at 169.49 VND and sold at 182.11 VND. NCB listed a buying price of 165.84 VND and a selling price of 176.12 VND. HSBC bought at 170 VND and sold at 177.50 VND.
According to the survey, Eximbank is the bank with the highest Yen buying price, while HSBC is the place with the lowest selling price.
On the free market, the Japanese Yen exchange rate on April 4 is being traded at 174.18 VND/JPY for buying and 175.3 VND/JPY for selling. Compared to banks, this price is more competitive for selling but higher for buying.
*Note: Cash buying and selling rates | ||
Bank | Buy | Sell |
Vietcombank | 169.81 | 180.60 |
VietinBank | 171.72 | 181.42 |
BIDV | 172 | 179.97 |
Agribank | 170.59 | 178.68 |
Eximbank | 172.80 | 178.79 |
Sacombank | 172.91 | 179.93 |
Techcombank | 169.49 | 182.11 |
NCB | 165.84 | 176.12 |
HSBC | 170 | 177.50 |
Black market rate (VND/JPY) | 174.18 | 175.3 |
In the international market, the Yen is showing remarkable strength. Following the new announcement from the US on tax policy, global investors sought Yen as a "safe haven", sending the USD/JPY exchange rate to its lowest level in more than three weeks.
In addition to the defensive cash flow factor, the Yen is also supported by expectations of interest rate policy. Investors believe that the Bank of Japan will continue to raise interest rates to control inflation, while the US Federal Reserve may soon cut interest rates to deal with economic pressures.
If the interest rate differential between the US and Japan gradually narrows, the Yen will become more attractive. In the context of increasing concerns about global trade, the Yen is expected to continue to maintain its upward momentum in the coming time.
Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-4-4-2025-tang-but-pha-tao-ky-luc-moi-3152073.html
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