Japan Diplomat Warns Markets on Yen

Japan top currency diplomat Atsushi Mimura warned markets to heed clear warnings from Tokyo and Washington regarding the weak yen. He signaled readiness to address excessive currency moves as officials remain on guard against renewed declines.

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Japan's Vice Finance Minister for International Affairs and top currency diplomat Atsushi Mimura poses in front of an electronic board showing the Japanese yen's exchange rate against the US dollar and other currency rates and stock indices, after an interview with Reuters in Tokyo, Japan, September 28, 2026. REUTERS/Kim Kyung-Hoon

Japan's top currency diplomat Atsushi Mimura warned markets on Monday morning to take bilateral policy warnings seriously, as the USD/JPY exchange rate traded near 156.75.

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