Topic · 02 of 08

Society

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Society

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

In January 2026 the yen slid past 159 to the dollar for the first time in about 18 months, and Vice Finance Minister Jun Mimura said Japan would rule out no measures, a clear hint at intervention. Here is what drove the slide after reports of a snap election, and how Japan has intervened before. Update: a record 11.7 trillion yen of intervention followed in April and May.

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Japan to Raise Foreign Visa Fees Fivefold in 2026, Eyeing ¥120 Billion in Revenue

Japan's government announced plans to raise visa fees for foreign nationals by approximately five times starting in fiscal year 2026. The move, part of the initial budget approved on December 26, 2025, aims to align fees with Western standards after remaining unchanged since 1978. The policy is expected to generate ¥120 billion in revenue while addressing overtourism concerns and rising administrative costs.