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Economics9h 55m ago

The Japanese Yen remained near four-decade lows, trading at 161.205 yen against the U.S. dollar on Friday, despite a Bank of Japan interest rate hike last week and earlier dollar-selling intervention.

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Japan

Who
Japanese Yen, Bank of Japan, Ministry of Finance, Japanese Prime Minister Sanae Takaichi, Bank of Japan Deputy Governor Ryozo Himino
What
The Japanese Yen remained near four-decade lows, trading at 161.205 yen against the U.S. dollar on Friday, despite a Bank of Japan interest rate hike last week and earlier dollar-selling intervention.
When
Fri, 19 Jun 2026 00:47:59 GMT · 9h 55m ago
Where
Japan ·
Why
Concerns over Japan's spending plans and core inflation remaining below the 2% target undermined investor confidence, preventing the yen from strengthening.
The Frontline Impact

How this affects you

The prolonged yen weakness has led to heightened market watch for further intervention by the Ministry of Finance, potentially depleting Japan's foreign reserves and raising questions about the effectiveness of future actions.

Story chain

4 events in this thread
  1. Economics5h 23m ago
    On Jun 19, the yen traded around 161.12 per dollar, sparking fears of intervention by Japanese authorities.
    Open article
  2. Economics5h 23m ago
    The Japanese Yen traded around 161.12 per dollar, reaching a near 40-year low.
    Open article
  3. Economics8h 0m ago
    Bank of Japan Deputy Governor Ryozo Himino on Friday said inflation could overshoot the bank's 2% target and flagged the cost of being too late in raising interest rates, signalling resolve to continue pushing up borrowing costs.
    Open article
  4. Currently Reading9h 55m ago
    The Japanese Yen remained near four-decade lows, trading at 161.205 yen against the U.S. dollar on Friday, despite a Bank of Japan interest rate hike last week and earlier dollar-selling intervention.

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