ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Yen second only to ruble as worst-performing major currency

Japan's dependence on imported energy and food creates structural weakness

The Japanese currency slid past 125 yen per dollar at one point, the weakest level since August 2015.   © Reuters

TOKYO -- The yen fell by the most of any major currency except the ruble during the first quarter of 2022 as Japan fell behind other big economies in moving toward higher interest rates.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more