Why is the yen so weak and what can Japan do about it?

🇯🇵 The Japan Times (JP) —

AI Summary

The Japanese yen has tumbled to a 40-year low against the US dollar, prompting the Japanese government to pledge ‘appropriate action at any time’. The weak yen has raised concerns about economic stability and currency markets in Japan.

The yen has tumbled past a 40-year low against the U.S. dollar, prompting the Japanese government to vow "appropriate action at any time."

World Politics Markets Japan yen currency US dollar exchange rate government action economy

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