Recently, Japanese Prime Minister Sanae Takaichi has made detailed comments regarding her statement about the weakening of the yen. She emphasized that Japan’s economic structure needs to be resilient enough to withstand significant fluctuations in the foreign exchange market. According to Jin10, the Japanese Prime Minister shared on X that she did not mean to imply that a strong yen is beneficial or that a weak yen is harmful.
Clear Stance on Monetary Policy
Rather than holding an absolute view on currency, the Japanese Prime Minister supported building a solid economic foundation capable of adapting to exchange rate fluctuations. This explanation was given after her remarks on Saturday in Kanagawa Prefecture, where she campaigned for support for LDP candidate Taishiro Yamaji.
Economic Benefits of a Weak Yen
In this context, she emphasized that although a weakening yen is often viewed negatively, it creates significant opportunities for manufacturing and export sectors. Specifically, she pointed out that a weaker yen provides a substantial buffer for Japan’s automotive industry when facing potential tariffs from the US, helping to maintain the competitiveness of these manufacturers in the global market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Japanese Prime Minister Analyzes Views on Yen Volatility
Recently, Japanese Prime Minister Sanae Takaichi has made detailed comments regarding her statement about the weakening of the yen. She emphasized that Japan’s economic structure needs to be resilient enough to withstand significant fluctuations in the foreign exchange market. According to Jin10, the Japanese Prime Minister shared on X that she did not mean to imply that a strong yen is beneficial or that a weak yen is harmful.
Clear Stance on Monetary Policy
Rather than holding an absolute view on currency, the Japanese Prime Minister supported building a solid economic foundation capable of adapting to exchange rate fluctuations. This explanation was given after her remarks on Saturday in Kanagawa Prefecture, where she campaigned for support for LDP candidate Taishiro Yamaji.
Economic Benefits of a Weak Yen
In this context, she emphasized that although a weakening yen is often viewed negatively, it creates significant opportunities for manufacturing and export sectors. Specifically, she pointed out that a weaker yen provides a substantial buffer for Japan’s automotive industry when facing potential tariffs from the US, helping to maintain the competitiveness of these manufacturers in the global market.