Japan shifts focus to oil in unorthodox scramble to talk up yen
Yahoo Finance·2026-03-26 04:38

TOKYO, March 26 (Reuters) - Japan is weighing a controversial plan to arrest the yen's slide: stepping into oil futures markets, sources say, as long-standing policy tools lose traction against stubborn inflation pressures. Details of the proposal remain scant, after Reuters reported on Monday that it was under discussion, but the idea underscores Tokyo's mounting frustration. Policymakers increasingly ‌see speculative surges in energy prices as a major driver of the yen's weakness against the dollar - an ...

Japan shifts focus to oil in unorthodox scramble to talk up yen - Reportify