Tokyo, 30 June 2026 – Japanese stocks were set to advance as the yen weakened to its lowest level in about four decades, giving exporters a fresh earnings tailwind even as currency weakness raised the risk of official intervention.
The yen fell to around 161.97 against the US dollar, its weakest level since 1986, as investors continued to price in a wide interest-rate gap between Japan and the United States. The move came as global markets rebounded, supported by gains in technology stocks and improved risk appetite.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
