Japan remains on high alert for currency volatility as yen surges

Top diplomat Atsushi Mimura says Tokyo remains vigilant against yen volatility. Officials are monitoring markets closely following a recent surge in the yen.

Japan JPJP's top currency diplomat, Atsushi Mimura, stated on February 12, 2026, that Tokyo has not lowered its guard against foreign exchange movements following a recent surge in the yen. Mimura confirmed that the Ministry of Finance (Japan) will continue to closely monitor the foreign exchange market and maintain close communication with United States USUS authorities. This continued monitoring and diplomatic contact are directly relevant to the management of currency volatility and the stability of yen-dollar trading.
FILE PHOTO: Japan's Vice Finance Minister for International Affairs Atsushi Mimura attends a Reuters NEXT Newsmaker event in Tokyo, Japan, January 21, 2025. REUTERS/Issei Kato/File Photo
FILE PHOTO: Japan's Vice Finance Minister for International Affairs Atsushi Mimura attends a Reuters NEXT Newsmaker event in Tokyo, Japan, January 21, 2025. REUTERS/Issei Kato/File Photo
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