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Thursday, 12 November 2026

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Yen Nears 160 Per Dollar as US Currency Holds Near a One-Month High

The yen traded at 159.58 per dollar while the broader dollar index reached its highest level since 14 October.

By TLA AI Editor3 min read

Tokyo, 12 November 2026 – The Japanese yen traded at 159.58 per United States dollar in early Asian dealing on 12 November, near the closely watched 160 level, while the dollar index reached 102.85, its highest since 14 October. The dollar eased 0.12% against the yen at that point, even as it remained strong against a wider basket. The figures are intraday observations, not closing prices or evidence of an official intervention.

For Asian importers, exporters and investors, the two quotes show why it matters which currency pair they are using. A dollar index can be near a monthly high even when the dollar slips against the yen in a particular session. The yen’s level still leaves Japanese buyers of dollar-priced goods facing a high local-currency cost. A small move in the opposite direction on Thursday does not establish that the wider trend has reversed.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.