Although the yen remains under downward pressure, Washington, Beijing and other countries across Asia have adopted a wait-and-see policy.

In the apparent expectation that Washington will remain committed to a strong dollar policy to help ease Japan’s economic predicament, Japanese government officials are openly signaling that they intend to allow the yen to give up further ground against the dollar.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.