# Japan warns of need for stable currency as weak yen lifts input costs - The Business Times

> Japan's deputy chief cabinet secretary said on October 20, 2021 that the government will watch currency moves closely after the yen fell to a four-year low of 114.585 per dollar. The dollar had gained 4.6% against the yen since mid-September. Rising energy prices are adding to household and retailer costs.

- Date: 2021-10-20 · published 2021-10-20T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/44795-japan-warns-of-need-for-stable-currency-as-weak-yen-lifts-input-costs-the
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weak yen raises the yen cost of imported feed grains, meal and energy, which squeezes Japanese livestock and food margins. Continued yen weakness keeps dollar-priced commodity imports expensive for Japanese buyers.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/banking-finance/japan-warns-of-need-for-stable-currency-as-weak-yen-lifts-input-costs

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