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Yen Shows Resilience Against Major Peers Despite Hovering Near 1986 Low

Tokyo, 25 June 2026 – The Japanese yen outperformed other major currencies even as it remained close to its weakest level in nearly four decades, highlighting a fragile but closely watched shift in foreign-exchange sentiment.

The yen’s relative strength came despite the currency hovering near levels last seen in 1986 against the US dollar. Traders continued to monitor whether Japanese authorities may step into the market to slow further depreciation, especially as the currency’s weakness raises pressure on households, importers and policymakers.

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Author

  • Kenji Yamamoto is a Senior Fellow at The Ledger Asia, where he explores the critical nexus of Asian international relations, economic development, and environmental sustainability. With extensive experience in cross-border policy analysis, Kenji provides a unique perspective on how diplomatic alliances and green energy transitions drive long-term growth across the Asia-Pacific.

    Previously an advisor for regional development banks, he specializes in sustainable infrastructure and the circular economy’s role in modernizing emerging markets. At The Ledger Asia, Kenji’s deep-dive reports help readers navigate the complex balance between rapid industrialization and the global imperative for climate resilience and corporate responsibility.

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