Japanese yen hits 39-year low against the US dollar
UNVERIFIED·Primary source · Kyodo News
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.
Key Facts
01
01 — What / Thesis
Japanese yen hits 39-year low against the US dollar
02
02 — Who / Subject
Foreign exchange market
03
03 — Where / Locus
New York, USA
04
04 — When / Temporality
June 29, 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.