# Why Japan's Yen (JPY) Is the Weakest in 20 Years and What That Means - Bloomberg

> The yen has fallen to multi-decade lows against the dollar mainly because the Bank of Japan keeps rates near zero while the US Federal Reserve and other central banks raise rates. Bloomberg notes that the steep slide has raised questions about possible government intervention.

- Date: 2022-06-10 · published 2022-06-10T12:00:00.000Z
- Category: macro · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/41182-why-japan-s-yen-jpy-is-the-weakest-in-20-years-and-what-that-means-bloomberg
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Persistent yen weakness raises the local-currency cost of imported feed ingredients for Japanese buyers, and intervention risk could cause sharp currency reversals.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-06-10/why-the-yen-is-so-weak-and-what-that-means-for-japan-quicktake

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