The Japanese Yen reached a 40-year low against the US Dollar, trading at 161.98.
The depreciation is driven by interest rate differentials and inflation concerns.
The Bank of Japan's recent rate hike to 1% has had limited impact on stabilizing the currency.
Key Facts
01
01 — What / Thesis
Japanese Yen hits 40-year low against US Dollar
02
02 — Who / Subject
Bank of Japan, Foreign Exchange Market
03
03 — Where / Locus
Japan
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.
