Japanese Yen hits weakest level against US Dollar since 1986
Story essentials
Bank of Japan, Japanese Ministry of Finance
Japan
June 29, 2026
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 16/30/2026, 3:41:09 AM
The yen depreciated to 161.98 per dollar in New York trading. Market participants are on alert for potential government intervention. The Bank of Japan's recent rate hike has had minimal impact on currency trends.
Read next
Prioritized by shared people, places, and events.
Former Japan Business Federation head Hiroshi Okuda dies at 93
Hiroshi Okuda, former head of the Japan Business Federation and Toyota Motor Corp., has died at 93. He was known for leading Toyota's hybrid vehicle strategy.
Related book
Currency Strategy: A Practitioner's Guide to FX Markets
Author: Michael D. Darda
This book provides a comprehensive understanding of how global macroeconomics and interest rate differentials drive currency valuations, which is essential for grasping why the Yen remains weak despite central bank interventions.
As an Amazon Associate, COMPAMIR earns from qualifying purchases.