Japanese yen hits 39-year low against the US dollar
Story essentials
Foreign exchange market
New York, USA
June 29, 2026
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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 16/29/2026, 6:31:03 PM
The yen fell to nearly 162 against the US dollar, a level not seen since 1986. Market expectations of higher US interest rates and the interest rate gap between Japan and the US are driving the decline. Concerns over import costs and fiscal health remain high.
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