Japanese Yen exchange rate falls to 34-year low; SJC gold hits peak of 84.8 million VND/tael

Japanese Yen exchange rate falls to 34-year low

Today, the Japanese Yen exchange rate weakened, falling back to a 34-year low, and the black market Yen exchange rate also decreased slightly.

Japanese Yen exchange rate surveyed on the morning of April 10, 2024 at banks, specifically as follows:

At Vietcombank, the buying rate is 159.40 VND/JPY and the selling rate is 168.71 VND/JPY, down 0.11 VND on the buying side and down 0.59 VND on the selling side.

At Vietinbank, the Yen exchange rate increased by 0.04 VND in both buying and selling directions, equivalent to 160.22 VND/JPY and 169.92 VND/JPY.

At BIDV, the Japanese Yen exchange rate decreased by 0.03 VND in buying and decreased by 0.06 VND in selling, reaching 160.06 VND/JPY and 168.58 VND/JPY, respectively.

At Eximbank, the buying price decreased by 0.8 VND and the selling price decreased by 0.82 VND, respectively at 161.74 VND/JPY and 166.44 VND/JPY.

At Techcombank, the Japanese Yen exchange rate increased by 0.15 VND in buying and increased by 0.14 VND in selling with prices of 157.71 VND/JPY and 170.14 VND/JPY, respectively.

At Sacombank, the Japanese Yen exchange rate increased by 0.02 VND in the buying and selling directions, respectively at 162.33 VND/JPY and 167.34 VND/JPY.

According to the survey, Sacombank is the bank with the highest buying rate of Japanese Yen and Eximbank is the bank with the lowest selling rate among the banks.

USD pauses awaiting fresh inflation data

Today, USD VCB continued to increase slightly in both buying and selling directions, while the world USD moved sideways waiting for new inflation data.

The central VND/USD exchange rate today (April 10) was announced by the State Bank at 24,037 VND/USD, down 1 VND compared to the trading session on April 9.

Currently, the permitted exchange rate of commercial banks fluctuates from 23,400 - 25,189 VND/USD. The US Dollar exchange rate has also been brought to the buying and selling range of 23,400 to 25,189 VND/USD by the State Bank of Vietnam.

The USD exchange rate at banks and domestic foreign exchange rates this morning recorded a series of upward adjustments at banks. Specifically, Vietcombank has a buying price of 24,760 and a selling price of 25,130, maintaining an increase of 10 VND compared to the trading session on April 9. The current USD buying and selling prices are in the range of 23,400 - 25,300 VND/USD.

In the world market, the Dollar Index (DXY), measuring the USD against 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stopped at 104.11 points - down 0.03% compared to the transaction on April 10.

SJC gold hits peak of 84.8 million VND/tael

Today, SJC gold increased by 2.4 million VND/tael in both directions, reaching 84.8 million VND/tael in the selling direction, recording an unprecedentedly expensive price.

At the time of survey at 5:00 a.m. on April 10, 2024, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold at 82.50 million VND/tael for buying and 84.70 million VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 82.20 - 84.50 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 82.20 - 84.70 million VND/tael (buy - sell).

At Saigon Jewelry Company, SJC gold is listed at VND82.8 million/tael for purchase; VND84.8 million/tael for sale.

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,352.40 USD/ounce, a difference of 13.7 USD/ounce compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 69.979 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 12.821 million VND/tael higher than the international gold price.