Core Viewpoint - The Japanese yen is experiencing accelerated depreciation, raising concerns from the government and the Bank of Japan, primarily due to fiscal deterioration rather than a strong US dollar [2][8]. Group 1: Current Situation of Yen Depreciation - The yen's exchange rate against the US dollar is nearing historical lows, with rates approaching 158 yen per dollar, indicating significant depreciation pressure as the year-end approaches [2]. - The current depreciation is contrasted with a similar situation a year ago, where the yen also depreciated but without intervention from the government or the Bank of Japan [4]. Group 2: Government and Central Bank Response - The Bank of Japan, under Governor Kazuo Ueda, has expressed strong vigilance regarding the yen's depreciation, emphasizing the stability of import prices compared to previous years [6][8]. - The government has indicated a willingness to intervene in the currency market if the yen continues to depreciate rapidly, reflecting a shift in their stance compared to the previous year [9]. Group 3: Economic Implications - The current depreciation is pushing up import prices, which in turn is affecting domestic consumer prices, a situation that the government aims to avoid to prevent economic stagnation [8]. - Unlike last year, where the depreciation was primarily driven by a strong dollar, the current situation is attributed to the government's aggressive fiscal policies, raising concerns about potential inflation [8][10].
日元会再次跌至160的历史低位吗?
日经中文网·2025-11-29 00:33