Japanese Yen Exchange Rate Today, September 10, 2024: Yen Exchange Rates Fluctuate at Banks
At Vietcombank, the exchange rate for the Japanese Yen is 167.04 VND/JPY for buying and 176.80 VND/JPY for selling, reflecting a decrease of 0.68 VND for buying and 0.73 VND for selling. At Vietinbank, the Yen exchange rate has decreased by 0.19 VND for both buying and selling, now standing at 168.50 VND/JPY and 178.20 VND/JPY, respectively.
In the latest trading session in the Asian market, the USD/JPY exchange rate fell to its lowest level in a month. By late afternoon, the Japanese Yen had appreciated by about 0.8% against the USD, reaching 142.31 Yen per USD, marking a series of consecutive gains.
This rate is close to the peak of 141.7 Yen per USD established on August 5, a trading day when global financial markets were unsettled due to concerns about a potential U.S. economic slowdown and the Bank of Japan's (BOJ) hawkish stance, which prompted traders to withdraw from Yen carry trades.
According to Bloomberg data, option traders are forecasting an 85% probability that the Yen will surpass the August 5 peak in the coming week, and a 48% chance that the exchange rate will exceed 140 Yen per USD.
Image: Japanese Yen Exchange Rate Today, September 10, 2024: Yen Exchange Rates Fluctuate at Banks
For more details, visit: Tỷ giá Yen Nhật hôm nay 10/9/2024: Tỷ giá Yen Nhật tăng giảm trái chiều tại các ngân hàng