On the morning of April 14, 2025, the Chinese Yuan (CNY) exchange rate at domestic banks was recorded at an average of 3,548 VND/CNY.
At Vietcombank , the buying and selling rates are listed at 3,475 - 3,586 VND/NDT, respectively, up 16 VND in both directions compared to the morning trading session on April 11.
Similarly, BIDV Bank also adjusted the yuan exchange rate to 3,492 VND/NDT for buying and 3,588 VND/NDT for selling. The increases were 16 and 17 VND, respectively.
On the buying side, VietinBank continues to be the bank with the most competitive exchange rate, with cash purchase reaching 3,460 VND and transfer up to 3,600 VND.
On the contrary, MSB is the bank with the lowest cash purchase price in the market, only 3,401 VNDCNY. In terms of transfer, Techcombank listed the lowest price at 3,358 VND.
On the selling side, HDBank is leading with the lowest cash selling price, only 3,549 VND/CNY. Sacombank has the lowest transfer selling price in the market at 3,574 VND.
Indovina is currently the bank with the highest cash selling price of the day, reaching 3,799 VND/CNY. In terms of transfer, LPBank and OceanBank are both at the top with a selling price of 3,830 VND/CNY.
On the Chinese side, the People's Bank of China said that the total amount of new yuan loans in the first quarter of 2025 reached 9.78 trillion yuan, equivalent to about 1.36 trillion USD. As of the end of March, outstanding loans reached 265.41 trillion yuan, up 7.4% year-on-year.
In the first quarter, household loans increased by 1.04 trillion yuan, while loans to enterprises increased by 8.66 trillion yuan, of which medium- and long-term loans accounted for 5.58 trillion yuan.
China's M2 money supply - which includes cash and all deposits - rose 7% year-on-year to 326.06 trillion yuan at the end of March. M1 money supply - which includes cash in circulation, demand deposits and balances at payment institutions - reached 113.49 trillion yuan, up 1.6% year-on-year.
Total RMB deposits in the first quarter increased by 12.99 trillion yuan, of which household deposits accounted for 9.22 trillion yuan.
By the end of March, China's total social financing reached 422.96 trillion yuan, up 8.4 percent year-on-year. In the first three months, the additional social financing reached 15.18 trillion yuan, up 2.37 trillion year-on-year.
Economist Peter Schiff has called on China to respond to trade tensions by dumping dollars and accumulating gold, arguing that this would help reduce China’s dependence on the United States. However, some argue that it is structurally unfeasible for China to be the world’s largest exporter and the global reserve currency.
Source: https://baonghean.vn/ty-gia-nhan-dan-te-hom-nay-14-4-2025-tiep-tuc-tang-tro-lai-10295075.html
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