律动BlockBeats|Aug 18, 2026 05:40
[Mitsui Sumitomo: Fiscal Discipline and BOJ Rate Hikes Are Key to Curbing Yen Weakness]
BlockBeats News, August 18, Mitsui Sumitomo DS Asset Management strategist Masahiro Ichikawa stated that if the Japanese government demonstrates a commitment to fiscal discipline and maintains an appropriate pace of rate hikes by the Bank of Japan, it would be possible to curb further depreciation of the yen without repeated currency interventions. Ichikawa added that although government interventions typically struggle to alter overall market trends, the recent intervention was effective because it successfully halted the rapid and disorderly decline of the yen against the dollar toward the 164 level. (Jin10)
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