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Japan Yen Warning: Tokyo Signals Readiness to Address Excessive Currency Declines

Tokyo skyline and Shibuya district in Japan

Japan’s top currency diplomat Atsushi Mimura said markets should take Tokyo’s warning over excessive yen declines seriously.

Mimura stopped short of saying whether Japan would intervene again, but said he was watching currency movements closely. The yen has faced pressure from the gap between Japanese and U.S. interest rates.

Japan and the United States have also discussed currency and economic-security cooperation. More global business news.

Source: Reuters, September 28, 2026.

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Imran Siddiqui

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