24h Economy: Yen unexpectedly increases after a series of sharp declines

Phương Anh |

Yen increases; Green real estate is on the rise, attracting investors; Pork prices increase, buying 1kg before, buying 8 thang now... are notable economic news in the past 24 hours.

Yen unexpectedly appreciates after a series of sharp declines

According to Lao Dong, on March 25, the Yen (JPY) attracted buying power after hitting a three-week low against the USD.

The Yen exchange rate on March 25 fluctuated around 150.444 USD/JPY; meaning 1 USD can be exchanged for about 150 JPY.

Dong Yen phuc hoi sau chuoi giam gia nho bien ban hop cua BoJ. Anh: Phuong Anh
The Yen recovered after a series of depreciation thanks to the minutes of the BoJ meeting. Photo: Phuong Anh

This recovery helped the JPY end a three-day downward trend, thanks to the minutes of the Bank of Japan's (BoJ) January meeting, in which policymakers discussed conditions for continuing to raise interest rates.

The BoJ's move is in contrast to the US Federal Reserve (FED), which is expected to cut interest rates twice in 2025, reducing the USD's recovery momentum and limiting the USD/JPY exchange rate below 151.00. See more...

Green real estate is on the rise, attracting investors

Currently, many investors in real estate development have focused on green criteria as a priority factor. Video: Nhu Ha - Tuan Anh

Pork prices increase, before buying 1kg, now buying only 8 pigs

Standing in front of a pork stall, Ms. Tran Phuong Lan (Bac Tu Liem, Hanoi) hesitated because recently, pork prices have increased rapidly, all types of meat have fluctuated over 110,000 VND/kg.

Previously, when going to the market, Ms. Lan often bought 1kg - 1kg2 of meat of all kinds to store in the refrigerator for a few days, but now she has reduced it to about 7-8 bunches and bought other foods such as eggs, chicken... to replace them.

Gia lon tang cao khien suc mua sut giam manh. Anh: Thuy Linh
The high price of pigs has caused a sharp decline in purchasing power. Photo: Thuy Linh

"Since the meat became more expensive, I bought less pork and switched to eating chicken, fish, beans... I used to eat pork, so I couldn't sell it, so I had to eat less if the price increased. Going out for breakfast like eating bun cha also sees an increase in prices because the price of pork has increased" - Ms. Lan said.

According to the reporter's records, although the pig prices have now stagnated and have not increased as rapidly as in the first weeks of March 2025, they are still anchored at a high level. This has caused purchasing power to decline, and traders in traditional markets are fed up with sluggish business. See more...

Gold prices fluctuate, gold shops are bustling with customers

Recorded by Lao Dong reporter at 12:00 on March 25, domestic gold prices increased and decreased in different directions. At some gold shops on Cau Giay Street (Hanoi), many people continue to hunt for gold rings.

However, owning gold rings at this time is quite difficult, because the stores limit the number of rings sold each day.

Ngay 25.3, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On March 25, many people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

Ms. Ngo Linh Anh (Cau Giay District, Hanoi) - a customer who came to buy gold rings at a gold shop on Cau Giay Street, Hanoi - shared:

"Smooth round gold rings or SJC gold bars are quite difficult to buy at this time and are also out of stock quickly. Currently, the store announces a maximum of 2 taels per person. I arrived here at 10am, after more than 2 hours of waiting but it was not my turn to do the transaction, so I had to go home".

Ms. Linh Anh said that if she had time, she would continue to come back the next day to wait to buy.

Mr. Nguyen Tien Linh (Bac Tu Liem District, Hanoi) decided to continue waiting for his turn to buy gold rings.

"I want to buy gold as a savings asset. The shop sells as much as I buy. Currently, I am still waiting for my turn to enter the transaction" - Mr. Linh said.

While many people are waiting to buy gold, some people decide to sell. See more...

Phương Anh
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Yen unexpectedly appreciates after a series of sharp declines

Huyền Mai |

The Yen recovered after a series of depreciation points thanks to the BoJ meeting minutes, while the USD was pressured by expectations of a Fed rate cut and market risk sentiment.

24h Economy: Gold prices drop, people worry about buying and selling

Phương Anh |

Gold prices have decreased, people are anxiously buying and selling; Breaking rocks, completing the bypass in Tuyen Quang; High coffee prices... are notable economic news in the past 24 hours.

24h Economy: Gold price at high level, demand for ETF investment increases

Phương Anh |

Gold prices are at a high level, investment demand for ETFs increases; Pork prices are high, traders are also having trouble; Coffee prices increase... are notable economic news in the past 24 hours.