Prime Minister Takaichi highlights weak yen benefits ahead of snap election

PM Sanae Takaichi praised the weak yen for boosting exports before clarifying her stance. Opposition leaders criticized her as officials monitor market volatility.

Japanese JPJP Prime Minister Sanae Takaichi sanae takaichi publicly praised the benefits of a weaker yen during a campaign speech today, highlighting its positive impact on export industries. This stance has created a visible divergence from the Finance Ministry of Japan JPJP, which concurrently stated it would not rule out taking action to counter excessive currency volatility. The yen has recently fallen to 18-month lows against the United States USUS dollar, a move that has contributed to rising inflation and prompted significant shifts across financial markets.
FILE PHOTO: Japanese Prime Minister Sanae Takaichi speaks during a press conference at the prime minister's official residence on January 19, 2026, Tokyo, Japan. Rodrigo Reyes Marin/Pool via REUTERS/File Photo
FILE PHOTO: Japanese Prime Minister Sanae Takaichi speaks during a press conference at the prime minister's official residence on January 19, 2026, Tokyo, Japan. Rodrigo Reyes Marin/Pool via REUTERS/File Photo
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