Japanese Yen exchange rate today March 28: Domestic decrease, world increase

On the morning of March 28, the Japanese Yen continued to depreciate in the domestic market. The exchange rates listed at banks had slight differences, with Eximbank having the highest buying rate and the lowest selling rate.

At Vietcombank, the Japanese Yen exchange rate was recorded at 164.09 VND/JPY for buying and 174.52 VND/JPY for selling. Vietinbank and BIDV both had selling rates of around 174 - 175 VND, while Agribank bought at 165.97 VND and sold at 173.76 VND.

Eximbank is currently buying at 167.15 VND/JPY and selling at 172.99 VND, the bank with the best price in the survey. Other banks such as Sacombank, Techcombank, NCB and HSBC also recorded exchange rates fluctuating around 163 - 175 VND/JPY.

On the black market, the Japanese Yen exchange rate today is traded at 170.68 VND for buying and 171.68 VND for selling. Compared to the previous day, the Yen is still in a slight downward trend.

At 6:00 a.m. on March 28 , 2025 , the summary table of Yen/VND exchange rates at some banks is as follows:

*Note: Cash buying and selling rates
Bank	Buy	Sell
Vietcombank	164.09	174.52
VietinBank	165.51	175.21
BIDV	166.63	174.41
Agribank	165.97	173.76
Eximbank	167.15	172.99
Sacombank	166.45	173.49
Techcombank	163.06	175.57
NCB	164.37	174.66
HSBC	166.06	173.38
Black market rate (VND/JPY)	170.68	171.68

1. BIDV - Updated: March 28, 2025 06:00 - Time of website supply
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
US Dollar	USD	25,400	25,400	25,760
Dollar	USD(1-2-5)	24,384	-	-
Dollar	USD(10-20)	24,384	-	-
British Pound	GBP	32,620	32,695	33,577
Hong Kong Dollar	HKD	3,234	3,241	3,340
Swiss Franc	CHF	28,567	28,596	29,401
Japanese Yen	JPY	166.63	166.9	174.41
Thai Baht	THB	693.35	727.85	778.9
Australian Dollar	AUD	15,957	15,981	16,414
Canadian Dollar	CAD	17,705	17,729	18,211
Singapore Dollar	SGD	18,759	18,837	19,433
Swedish Krone	SEK	-	2,506	2,594
Lao Kip	LAK	-	0.9	1.25
Danish Krone	DKK	-	3,631	3,757
Norwegian Krone	NOK	-	2,384	2,471
Chinese Yuan	CNY	-	3,484	3,579
Russian Ruble	RUB	-	-	-
New Zealand Dollar	NZD	14,420	14,510	14,935
Korean Won	KRW	15.3	16.91	18.15
Euro	EUR	27,107	27,150	28,314
Taiwanese Dollar	TWD	697.57	-	844.14
Malaysian Ringgit	MYR	5,393.83	-	6,085.71
Saudi Arabian Riyals	SAR	-	6,703.95	7,057.88
Kuwaiti Dinar	KWD	-	80,730	85,857
SJC gold 1 tael (unit: 1000 VND)	XAU	-	-	98,400

2. Sacombank - Updated: March 28, 2025 06:00 - Time of website source
Foreign currency		Buy		Sell
Name	Code	Cash	Transfer
USD	USD	25395	25395	25755
AUD	AUD	15778	15878	16445
CAD	CAD	17550	17650	18203
CHF	CHF	28511	28541	29424
CNY	CNY	0	3484.7	0
CZK	CZK	0	1060	0
DKK	DKK	0	3719	0
EUR	EUR	27094	27194	28067
GBP	GBP	32538	32588	33698
HKD	HKD	0	3285	0
JPY	JPY	166.45	166.95	173.49
KHR	KHR	0	6,032	0
KRW	KRW	0	17.1	0
LAK	LAK	0	1.141	0
MYR	MYR	0	5923	0
NOK	NOK	0	2430	0
NZD	NZD	0	14480	0
PHP	PHP	0	416	0
SEK	SEK	0	2515	0
SGD	SGD	18702	18832	19563
THB	THB	0	699.2	0
TWD	TWD	0	765	0
XAU	XAU	9800000	9800000	9900000
XBJ	XBJ	8500000	8500000	9900000

In the international market, the USD/JPY exchange rate is currently fluctuating around 150.224. The Yen is under pressure to depreciate due to expectations of the Bank of Japan (BoJ)'s monetary policy, and is also affected by the large difference in interest rates between the US and Japan.

According to the BBC, US President Donald Trump is preparing to impose a 25% tariff on all imported cars and parts from April 2. At the same time, the US is also planning to impose tariffs on at least 15 other countries. This has raised concerns about the global economic impact, causing investors to turn to safe assets such as the Yen.

Despite the short-term depreciation of the yen, the BoJ has maintained its monetary tightening stance. With wage growth data for three consecutive years and inflation expectations reaching its 2% target, the BoJ may continue to raise interest rates in the near term.

Meanwhile, the US Federal Reserve (Fed) is expected to cut interest rates twice this year. However, some Fed officials are still cautious and believe that the cut may be delayed if the US economy continues to grow well and inflation still poses a risk.

On the economic front, US durable goods orders rose 0.9% in February, higher than expected, but not enough to sustain the USD’s upward momentum. The market is now waiting for important data such as Q4 GDP, unemployment claims and PCE index released on March 28. These will be factors that have a strong influence on Fed interest rate expectations and USD-JPY exchange rate fluctuations.

Source: https://baoquangnam.vn/ty-gia-yen-nhat-hom-nay-28-3-trong-nuoc-giam-the-gioi-tang-3151619.html