USD-JPY Hits 162 Yen, 40-Year High, as Weak Yen Pressures Korean Won

According to iM Securities, on July 4, the dollar-yen exchange rate broke through 162 yen for the first time in 40 years, accelerating yen weakness. The sharp depreciation is driven by both U.S. Federal Reserve policy uncertainty—strengthening the dollar—and structural factors weakening the yen. The yen's steep decline is adding depreciation pressure on the Korean won amid ongoing foreign investor net selling in domestic stocks.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments