Intervention effect "all back to zero"! The yen is approaching a 161 rollback after intervention, and the Japanese government has sent a signal of "action at any time".

date
18/06/2026
According to the Wise Finance APP, the Japanese government's top spokesperson stated on Thursday that the authorities are ready to respond appropriately to exchange rate fluctuations at any time. With the yen weakening once again, the market is closely watching whether the Bank of Japan will intervene again to support the currency, which is under sustained pressure. When asked about the yen's decline, Chief Cabinet Secretary Minoru Kihara stated at a regular press conference, "We are prepared to respond appropriately to the foreign exchange market when necessary." He also pointed out that while yen depreciation helps boost exports and corporate profits, it also increases the burden on businesses and households by raising import costs. The government needs to "comprehensively examine" these impacts and emphasizes the importance of closely monitoring market dynamics.