Japanese Yen exchange rate today 5/11/2025: Japanese Yen continues to increase

USD/JPY exchange rate today 5/11/2025

The USD/JPY pair fell to 145.36 after failing to surpass a near one-month high of 146.20 earlier in the session.

This correction was mainly due to the weakening of the US dollar, as investors began to doubt the practical effectiveness of recent trade deals, especially the US-UK deal.

Meanwhile, investors are awaiting important talks between the US and China this weekend in Switzerland. The DXY index has fallen sharply from a peak of 100.86 to 100.30, reflecting the widespread caution in the market.

The outlook for the U.S. economy remains uncertain, with some Fed officials warning that higher tariffs could disrupt global supply chains, fuel inflation and slow growth.

However, the Atlanta Fed's GDPNow model kept its second-quarter growth forecast at 2.3%, showing a positive but cautious outlook. Markets remain concerned that if trade tensions continue to escalate, the US economic growth outlook could be threatened.

Meanwhile, the Japanese economy recorded positive signs. Data on household spending in March increased sharply by 2.1% compared to the same period last year, far exceeding forecasts and recovering strongly from the previous month's decline.

This improvement could help the Bank of Japan ease pressure to intervene in the currency market in the coming period.

Domestic Japanese Yen exchange rate today 5/11/2025

* The Japanese Yen exchange rate at the State Bank's exchange office for buying and selling remains unchanged, currently at: 163 VND - 180 VND.

In the "black market", the black market Japanese Yen exchange rate as of 4:30 a.m. on May 11, 2025 was trading around 179.5 VND/JPY.

The buying and selling rates of Japanese Yen at commercial banks are as follows:

VIB Bank is buying Japanese Yen cash at the lowest price of 167.74 VND/JPY

VIB Bank is buying Japanese Yen transfers at the lowest price of 169.14 VND/JPY

OCB Bank is buying Japanese Yen cash at the highest price of 179.39 VND/JPY

OCB Bank is buying Japanese Yen transfers at the highest price of 180.89 VND/JPY

VIB Bank is selling Japanese Yen cash at the lowest price of 175.80 VND/JPY

VIB Bank is selling Japanese Yen transfers at the lowest price of 174.80 VND/JPY

SHB Bank is selling Japanese Yen cash at the highest price of 187.85 VND/JPY

ABBank is selling Japanese Yen transfers at the highest price of 185.90 VND/JPY