# The Bank of Japan may have limited tools to deal with the weak yen, but that's not its focus

> The yen went above 130 per dollar after the Bank of Japan reiterated its ultra-easy policy, having weakened sharply from near 115 in early March. Experts say the currency is not the central bank's main focus.

- Date: 2022-05-01 · published 2022-05-01T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/42074-the-bank-of-japan-may-have-limited-tools-to-deal-with-the-weak-yen-but-that-s
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The sustained yen decline raises the cost of dollar-priced imports for Japan and reflects a strong dollar that pressures global commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-06-27 | [Yen falls to one-week low with G20 summit in focus](https://feedsoft.ai/events/58838-yen-falls-to-one-week-low-with-g20-summit-in-focus.md) | +0.2% | +0.6% |
| DXY | 2024-05-01 | [Explainer: Why has the Japanese yen been so weak?](https://feedsoft.ai/events/30961-explainer-why-has-the-japanese-yen-been-so-weak.md) | -0.7% | -0.7% |
| DXY | 2025-11-18 | [Dollar clings to gains vs. yen with Japan fiscal policy, US data in focus \| Reuters](https://feedsoft.ai/events/22189-dollar-clings-to-gains-vs-yen-with-japan-fiscal-policy-us-data-in-focus-reuters.md) | +0.7% | -1.0% |
| DXY | 2022-04-28 | [Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan](https://feedsoft.ai/events/8288-dollar-hits-20-yr-high-as-yen-tumbles-on-dovish-bank-of-japan.md) | +0.1% | -0.4% |
| DXY | 2021-03-31 | [US dollar rises to one-year high against Japan's yen \| The Straits Times](https://feedsoft.ai/events/48355-us-dollar-rises-to-one-year-high-against-japan-s-yen-the-straits-times.md) | -0.9% | -2.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2022/04/29/how-the-bank-of-japans-policy-could-affect-the-weak-yen.html

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