# Why is Japan’s yen falling and why is it so weak against the US dollar? | Financial Markets | Al Jazeera

> The yen sank to 160.17 per dollar, its lowest since April 1990, then recovered to 155.01 later on Monday, fueling intervention speculation. The article attributes the weakness mainly to the US-Japan rate differential, with the Fed funds rate at 5.25-5.50% versus the BOJ's 0-0.1%.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/30965-why-is-japan-s-yen-falling-and-why-is-it-so-weak-against-the-us-dollar
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The rate gap driving yen weakness keeps the dollar strong and raises import costs for Japan, which can affect dollar-priced feed commodity demand from Asian buyers.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2024/4/30/why-is-japans-yen-so-weak-against-the-us-dollar

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