22 Hrs
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الاقتصادية
Tokyo Concerned Over Yen Fluctuations
Japan faced concerns over sharp fluctuations in the currency exchange market due to the weakness of the yen, as Japanese and U.S. authorities warned against overreacting to these fluctuations. A Japanese currency official confirmed that the government remains uneasy about the recent movements of the yen and is closely monitoring the situation, with the possibility of taking measures to support the currency if the decline continues—especially since a weaker yen increases import costs and impacts inflation, even though it boosts competitiveness for Japanese exports. This comes within the context of coordination between Tokyo and Washington, with both sides reaffirming their commitment to an open foreign exchange market and avoiding intervention except to address significant volatility.
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