Japanese Yen exchange rate today May 15, 2025: Japanese Yen continues to increase strongly
Japanese Yen exchange rate today, May 15, 2025: Japanese Yen increased slightly again due to a clear decrease in USD when the US consumer price index (CPI) data for April was announced lower than expected.
USD/JPY exchange rate today 5/15/2025
.png)
The USD/JPY exchange rate plummeted to 146.33. The main reason was the sharp weakening of the US dollar after the US consumer price index (CPI) data for April was released lower than expected.
The DXY index, which measures the strength of the US dollar against six major currencies, continued to fall from a monthly high of 102 to around 100.50. The data showed that the US CPI increased by just 2.3%, marking the lowest level since February 2021.
Chicago Federal Reserve Bank President Austan Goolsbee said that low inflation and a new trade deal between the US and China will create conditions for the Fed to cut interest rates in the near future. However, the market is still leaning towards the possibility that the Fed will keep interest rates in the range of 4.25% - 4.50% at the July meeting.
The probability of the Fed keeping rates unchanged in July has fallen slightly to 63.3%, from 65.1% the previous day, according to the CME FedWatch tool.
In contrast to the US dollar, the Japanese yen has been showing strength in the global market. Expectations that the Bank of Japan (BoJ) may soon raise interest rates have supported the JPY's appreciation.
BoJ Deputy Governor Shinichi Uchida also expressed confidence in sustainable wage growth and inflation trends, despite the global economy still being affected by US tax policies.
Domestic Japanese Yen exchange rate today May 15, 2025
* The Japanese Yen exchange rate at the State Bank's exchange office increased slightly, currently at: 161 VND - 178 VND.
In the "black market", the black market Japanese Yen exchange rate as of 4:30 a.m. on May 15, 2025 also increased slightly, trading around 177.68 VND/JPY.
The buying and selling rates of Japanese Yen at commercial banks are as follows:
| Japanese Yen Exchange Rate | Buy | Sell |
| Vietcombank | 171.03 VND | 181.89 VND |
| Vietinbank | 175.17 VND | 184.87 VND |
| BIDV | 173.56 VND | 181.63 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
SHB Bank is buying Japanese Yen cash at the highest price of 178.85 VND/JPY
Indovina Bank is buying Japanese Yen transfers at the highest price of 180.33 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
NCB Bank is selling Japanese Yen transfers at the highest price of 184.10 VND/JPY
