Japanese Yen Hits 8-Week High, Domestic USD Rises Rapidly

Báo Quốc TếBáo Quốc Tế07/02/2025

Foreign exchange rates, USD/VND exchange rate today February 7 recorded USD slightly increased compared to other currencies but still fluctuated near the lowest level since the beginning of last week.


Foreign exchange rate update table - USD exchange rate Agribank today

1. Agribank - Updated: February 7, 2025 09:00 - Time of website supply source
Foreign currency Buy Sell
Name Code Cash Transfer
USD USD 25,060 25,090 25,430
EUR EUR 25,679 25,782 26,869
GBP GBP 30,781 30,905 31,883
HKD HKD 3,178 3,191 3,297
CHF CHF 27,350 27,460 28,334
JPY JPY 162.88 163.53 170.69
AUD AUD 15,560 15,622 16,139
SGD SGD 18,361 18,435 18,963
THB THB 728 731 763
CAD CAD 17,326 17,396 17,905
NZD NZD 14,099 14,596
KRW KRW 16.68 18.42

Exchange rate developments in the domestic market

In the domestic market, according to TG&VN at 8:00 a.m. on February 7, the State Bank announced the central exchange rate of the Vietnamese Dong to the USD increased by 30 VND, currently at 24,425 VND.

The reference USD exchange rate at the State Bank of Vietnam is listed at: 23,400 VND - 25,450 VND.

USD exchange rates at commercial banks are as follows:

Vietcombank: 25,060 - 25,450 VND.

Vietinbank: 24,940 - 25,520 VND.

Tỷ giá ngoại tệ, tỷ giá USD/VND hôm nay 7/2: Yen Nhật chạm mức cao nhất 8 tuần, USD trong nước tăng nhanh
Foreign exchange rates, USD/VND exchange rate today, February 7: Japanese Yen hits 8-week high, domestic USD increases rapidly. (Source: 24 News)

Exchange rate developments in the world market

The US Dollar Index (DXY) measuring the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF) increased by 0.12% to 107.70.

The US dollar edged up against other currencies but remained near its lowest level since early last week.

Meanwhile, the Japanese Yen hit an eight-week high against the USD in the last trading session.

Specifically, the Japanese Yen increased to 151.81 Yen/USD - the highest level since December 12 after Bank of Japan (BoJ) board member Naoki Tamura said that the central bank may have to raise interest rates by at least 1% until the second half of 2025 when price risks increase.

The Japanese currency closed the trading session at 151.335 Yen/USD, up 0.82% from the previous trading session.

Markets are currently pricing in a 25 basis point BoJ rate hike in September.

“Tamura is known for his hawkish views on monetary policy, and his initial comments prompted the market to buy the Japanese yen,” said Shoki Omori, a strategist at Mizuho Securities.

In addition, the British pound fell 0.54% to $1.2438. The euro fell slightly by 0.19% to $1.0382.



Source: https://baoquocte.vn/ty-gia-ngoai-te-ty-gia-usdvnd-hom-nay-72-yen-nhat-cham-muc-cao-nhat-8-tuan-usd-trong-nuoc-tang-nhanh-303380.html

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