Japanese Yen exchange rate today April 18, 2025: The world slightly decreased

Sacombank is currently the bank with the highest buying rate, reaching 179 VND/JPY, and is also the only place that increased the price in both directions of transaction today. The selling price at this bank is currently 186 VND/JPY, the highest in the market, a slight increase compared to yesterday.

BIDV also maintained a notable position with both buying and transferring rates at 178 VND/JPY, while selling was at 186 VND/JPY, unchanged from the previous session.

SHB and HSBC both have a buying price of 176 VND/JPY, in which SHB keeps the selling price at 185 VND/JPY, while HSBC sells at VND/JPY VND.

In the group with low exchange rates, VietinBank still maintains the lowest buying rate at 154 VND/JPY and selling rate at 163 VND/JPY.

SCB and Agribank also have quite low buying prices, at 160 and 162 VND/JPY respectively, while selling prices remain at 167–170 VND/JPY.

Banks such as Techcombank, TPBank and Vietcombank kept their exchange rates in the middle of the market. The buying rate at these units fluctuated around 164–172 VND/JPY, and the selling rate was 183 VND/JPY.

At 6 o'clock in the morning 18/4/2025, the summary table of Yen/VND exchange rates at some banks is as follows:

In the Tokyo market, the Yen slightly decreased in the afternoon session on April 17, trading around 142 JPY/USD, compared to about 141.6 JPY/USD in the previous session.

Mr. Akazawa’s remarks have erased expectations of Japanese intervention to support the yen, leading to a rebound in the dollar, said Yujiro Goto, chief foreign exchange strategist at Nomura Securities. However, he also warned that uncertainty about the U.S. economy remains and the possibility of the JPY/USD exchange rate falling to 140 is still a trend that could continue.

The Japanese yen is facing the risk of further volatility in the coming period, especially when a meeting between the Japanese and US finance ministers is scheduled to take place next week.

Although the exchange rate issue was not included in the tariff negotiations between the two countries this time, it is likely to be discussed in the next rounds of negotiations, which could cause the yen's volatility to continue to increase.

Akazawa Ryosei, Japan’s minister in charge of economic revitalization, said the exchange rate issue was not raised in meetings with President Trump and members of the US cabinet, stressing that it was a topic that should be resolved between the two sides’ finance ministers, not at the national leadership level.

A meeting between Japanese Finance Minister Kato Katsunobu and US Treasury Secretary Bessent is expected to take place on the sidelines of the IMF meeting in Washington next week. If the US signals that it wants a weaker dollar, the market could react immediately and the yen could rise again.

Yusuke Matsuo, senior market economist at Mizuho Securities, said that bilateral financial talks between Japan and the United States next week will be crucial for the exchange rate. If the talks go in an unfavorable direction, the current rally in the dollar could be reversed. Therefore, investors should prepare for a scenario where the yen strengthens and the dollar weakens.

Although the two governments have agreed that exchange rate issues should be handled at the finance ministry level, markets still react strongly to political statements.

In a clear statement, Mr. Akazawa denied that Japan had ever deliberately weakened the yen to boost exports, thereby refuting President Trump's view that Japan was manipulating its currency to gain a trade advantage.