# Yen’s tumble to weakest since 1986 boosts risk of intervention - The Japan Times

> The yen fell to 160.39 per dollar on Wednesday, its weakest since 1986, and is down about 12% this year. Speculation is growing that authorities will soon step in to support the currency, as it has already done in April.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/30025-yen-s-tumble-to-weakest-since-1986-boosts-risk-of-intervention-the-japan-times
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The yen's decline raises the dollar cost of imports for Japan, and intervention risk could trigger a sharp currency reversal. Buyers of dollar-priced feed inputs in Japan face higher costs while the trend continues.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- japantimes.co.jp: https://www.japantimes.co.jp/business/2024/06/26/yen-160-intervention-risk/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.