• SHARE

A big fall in the value of the yen is casting a pall over the Japanese economy, which is already facing significant pressure from the pandemic and the Russian invasion of Ukraine.

The yen dipped to a nearly seven-year low on Monday, plunging to the ¥125 line after the Bank of Japan intervened to prevent government bond yields from rising.

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.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)