Japanese Yen exchange rate today May 14, 2025: Japanese Yen slightly increased again after USD decreased
Japanese Yen exchange rate today, May 14, 2025: Japanese Yen increased slightly again after the USD decreased due to strong increase and fell into the "overbought" zone at the beginning of the week. Forecast USD/JPY exchange rate is between 146.50 and 148.60
USD/JPY exchange rate today May 14, 2025
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The USD/JPY pair is currently hovering around 147.84 USD/JPY, as the market reassesses the monetary policy outlook of Japan and the US. The Bank of Japan (BoJ) remains cautious, while the US dollar continues to show clear strength.
In yesterday's session, the USD jumped, closing at 148.45, representing a 2.14% increase in the day, the largest since March 2020.
However, the strong increase and falling into the "overbought" zone made BBH experts believe that USD/JPY is likely to correct or accumulate in a narrow range from 146.50 to 148.60 instead of continuing to climb immediately.
According to a summary of the April 30-May 1 BoJ meeting, members’ views showed the central bank remained cautious, with one member saying the current level of uncertainty was “extremely high,” while another said it would be “timely” to see the impact of U.S. tariffs before taking action.
Swap market data show that expectations for a rate hike in Japan remain very low, with only one 25 basis point hike to 0.75% expected over the next two years, a stark contrast to US monetary policy and a short-term support for the US dollar.
Domestic Japanese Yen exchange rate today May 14, 2025
* The buying and selling rates of Japanese Yen at the State Bank's Exchange slightly decreased, currently at: 160 VND - 177 VND.
In the "black market", the black market Japanese yen exchange rate as of 4:30 a.m. on May 14, 2025 also slightly decreased, trading around 177 VND/JPY.
The buying and selling rates of Japanese Yen at commercial banks are as follows:
| Japanese Yen Exchange Rate | Buy | Sell out |
| Vietcombank | 169.46 VND | 180.22 VND |
| Vietinbank | 175.17 VND | 184.87 VND |
| BIDV | 171.92 VND | 179.91 VND |
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
OCB Bank is selling Japanese Yen transfers at the highest price of 185.05 VND/JPY
