Japanese Yen exchange rate today April 26, 2025: Maintained at a high level
Japanese Yen exchange rate today April 26, 2025: The Japanese Yen exchange rate is showing positive signals, as the USD/JPY pair remains firmly above the 143.00 mark.
The rate bounced sharply in Friday's trading session, hitting 143.96 as the US dollar continued to regain strength.
The main driver of the rally was expectations that US President Donald Trump would soon reach trade agreements with several major partners. Speaking to reporters in Rome, before leaving for Pope Francis' funeral, Mr. Trump said trade talks were progressing well and the US was getting closer to signing a deal with Japan.
However, there have been mixed signals on the trade front between the US and China. While China insists that no negotiations are taking place, President Trump said that Chinese President Xi Jinping called him. Trump stressed that he did not consider the call a sign of concession from China.
Shortly afterwards, during the European trading session, a Chinese embassy spokesman continued to deny information about consultations or negotiations related to tariffs with the US.
In Japan, new data also helped support the yen. Tokyo's consumer price index (CPI) rose more than expected in April, rising 3.4% year-on-year, beating the forecast of 3.2% and up from 2.4% in the previous period. This reinforced expectations that the Bank of Japan (BoJ) will continue to pursue its interest rate hike path in the coming time.
In the domestic market, at the beginning of the trading session on April 26, 2025, the State Bank announced the central exchange rate of the Vietnamese Dong against the USD at 24,963 VND.
The reference exchange rate at the State Bank's transaction office increased slightly, currently at: 23,765 VND - 26,161 VND.
In terms of buying, OCB is currently the bank with the highest cash buying price at 179.39 VND/JPY, while the highest transfer buying price also belongs to OCB at 180.89 VND/JPY.
On the other hand, VIB is the bank listing the lowest buying price, with 167.74 VND/JPY for cash and 169.14 VND/JPY for transfer.
On the selling side, LPBank and OceanBank are leading with the lowest cash selling price in the market at 188.28 VND/JPY.
The best transfer selling price belongs to NCB at 187.87 VND/JPY.
Overall, most major banks such as ACB, BIDV, Vietcombank, VietinBank or Techcombank are maintaining the fluctuation range around 185 - 187 VND/JPY.
