#Forex / Yen

Japan's Finance Minister Katayama signals strong willingness to intervene in currency markets amid persistent yen depreciation. Despite the Bank of Japan's rate hike in December 2025, the yen continues to weaken to 157-level against the dollar, raising market concerns about potential intervention based on Japan-U.S. joint statement.

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.