Japan Yen Crisis and BOJ Intervention Amid Structural Pressures

The Japanese yen surged to 155 versus the dollar for a second consecutive day amid reports the Bank of Japan intervened with over $30 billion to support the currency. Economists warn that PM candidate Takaichi's proposed subsidies risk stoking inflation, while structural weaknesses make sustained intervention difficult.

Sources

• Yen surges to 155 versus dollar for second day amid intervention talk Nikkei Asia · Asia
• BOJ data hints at over $30bn intervention to support yen on Thursday Nikkei Asia · Asia
• Japan yen interventions face uphill battle against structural weakness Nikkei Asia · Asia
• Economists warn Takaichi subsidies risk spurring Japanese inflation Nikkei Asia · Asia
• Japan's naphtha supply can last beyond 2026, Takaichi says Nikkei Asia · Asia

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