The Japanese yen hovered around 159.55 on Friday after surging in the previous session, with markets suspecting Tokyo intervened once again to support the currency just hours before the Bank of Japan’s policy decision. Nikkei reported that Japanese authorities entered the foreign exchange market and that US officials requested dollar-yen rate quotes. Japanese Finance Minister Satsuki Katayama has repeatedly signaled that authorities stand ready to intervene at any time, while noting that Japan remains in close communication with the US on foreign exchange issues. The yen had weakened to a 40-year low earlier this month under pressure from elevated energy costs, fiscal concerns, and wide interest rate differentials. Meanwhile, the BOJ left its policy rate unchanged at 1%, in line with expectations, keeping borrowing costs at their highest level since September 1995 following a 25-basis-point rate hike in June.

The USD/JPY exchange rate fell to 157.2590 on August 2, 2026, down 0.11% from the previous session. Over the past month, the Japanese Yen has strengthened 2.54%, but it's down by 7.13% over the last 12 months. Historically, the USDJPY reached an all time high of 358.44 in January of 1971. Japanese Yen - data, forecasts, historical chart - was last updated on August 2 of 2026.

The USD/JPY exchange rate fell to 157.2590 on August 2, 2026, down 0.11% from the previous session. Over the past month, the Japanese Yen has strengthened 2.54%, but it's down by 7.13% over the last 12 months. The Japanese Yen is expected to trade at 156.73 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 153.26 in 12 months time.



Crosses Price Day Year Date
USDJPY 157.1580 -0.2755 -0.17% 7.06% Aug/02
MXNJPY 9.0780 -0.1322 -1.44% 16.84% Aug/02
EURJPY 181.4585 -2.4490 -1.33% 6.26% Jul/31
GBPJPY 212.2518 -2.5703 -1.20% 8.55% Jul/31
AUDJPY 110.5070 -1.6075 -1.43% 15.96% Jul/31
NZDJPY 92.5552 -1.2647 -1.35% 6.35% Jul/31
CNYJPY 23.3147 -0.3255 -1.38% 13.86% Jul/31
CHFJPY 194.9605 -3.2100 -1.62% 6.38% Jul/31
CADJPY 112.2913 -1.5550 -1.37% 5.11% Jul/31
INRJPY 1.6606 -0.0097 -0.58% -1.71% Jul/31
BRLJPY 31.0517 -0.3723 -1.18% 15.33% Jul/31
RUBJPY 1.9748 -0.0191 -0.96% 7.28% Jul/31
KRWJPY 0.1091 -0.0030 -2.65% 2.89% Jul/31
IDRJPY 0.0087 -0.0001 -1.23% -2.96% Jul/31
ARSJPY 0.1059 -0.0012 -1.11% -1.90% Jul/31
CZKJPY 7.5406 -0.0574 -0.75% 8.45% Jul/31
DKKJPY 24.2714 -0.3306 -1.34% 6.14% Jul/31
HUFJPY 0.5010 -0.0063 -1.25% 16.85% Jul/31
MYRJPY 38.5272 -0.4807 -1.23% 11.90% Jul/31



Related Last Previous Unit Reference
United States Inflation Rate 3.50 4.20 percent Jun 2026
Japan Inflation Rate 1.70 1.50 percent Jun 2026
Japan Interest Rate 1.00 1.00 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jul 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
Japan Unemployment Rate 2.50 2.50 percent Jun 2026

Japanese Yen
The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
157.26 157.43 358.44 75.55 1971 - 2026 Daily

News Stream
Yen Holds Gain After Suspected Intervention
The Japanese yen hovered around 159.55 on Friday after surging in the previous session, with markets suspecting Tokyo intervened once again to support the currency just hours before the Bank of Japan’s policy decision. Nikkei reported that Japanese authorities entered the foreign exchange market and that US officials requested dollar-yen rate quotes. Japanese Finance Minister Satsuki Katayama has repeatedly signaled that authorities stand ready to intervene at any time, while noting that Japan remains in close communication with the US on foreign exchange issues. The yen had weakened to a 40-year low earlier this month under pressure from elevated energy costs, fiscal concerns, and wide interest rate differentials. Meanwhile, the BOJ left its policy rate unchanged at 1%, in line with expectations, keeping borrowing costs at their highest level since September 1995 following a 25-basis-point rate hike in June.
2026-07-31
Japanese Yen Rebounds on Likely Intervention
The Japanese yen surged past 160 per dollar on Thursday from the 40-year low of 164 in the prior session amid the likely intervention by the Ministry of Finance. The probable move followed the $74.2 billion in selling by the MoF on the month to May 27th. This brought relief to recent pressure from high energy prices, fiscal concerns, and wide interest rate differentials. Soaring LNG and petrol prices due to the war in Iran raised dollar bids in Japan by energy importers and pressured growth due to lower margins, pressuring the domestic currency. In the meantime, fiscal concerns were magnified by the domestic tax panel reiterating the proposal to cut food taxes to 1% from the current 8%, adding to the supply of yen through fresh debt. Lastly, the Bank of Japan is due to hold rates unchanged tomorrow following their hike in June. The BoJ is expected to still deliver hikes this year, but the expectation of hikes by the US Fed limited any narrowing in the rate differential.
2026-07-30
Japanese Yen Hits 6-week High
The Japanese Yen touched 160.42 against the USD, the highest since June 2026. Over the past 4 weeks, US Dollar Japanese Yen lost 1.19%, and in the last 12 months, it increased 6.52%.
2026-07-30