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News, Society & Economy

Japan Finance Ministry Signals Currency Intervention as Yen Hits 159: "All Measures on the Table"

As the yen plunges to 159 per dollar for the first time in 18 months, Japan's Vice Finance Minister Mimura warns that "all measures are on the table" for currency intervention. Explore the background of the rapid yen depreciation amid dissolution election reports, Japan's intervention history, and what lies ahead for the currency markets.

News, Society & Economy

Japan's Finance Ministry Warns of Action Against Excessive Yen Weakness at 157 Per Dollar

In December 2024, Finance Minister Kato expressed strong concern over yen weakness reaching 157 per dollar, warning of "appropriate response to excessive movements" and hinting at potential currency intervention. Analysis of Japan's over ¥15 trillion interventions in 2024, the US-Japan interest rate gap driving yen weakness, and impacts on living costs.