Why is Japan's yen falling? Retail investors are one reason

Inflows into foreign-stock funds through NISA program add to pressure on currency

20240510N Nikkei average yen

The yen remains under pressure after apparent interventions by Japanese authorities to bolster it. (Photo by Satoko Kawasaki)

TAKAHISA TAMURA, KONATSU OCHI and MIKI KAMIYAMA, Nikkei staff writers

TOKYO -- Japanese individual investors have emerged as a new factor in the yen's persistent slide, complicating any attempts by authorities to support the currency.

Sponsored Content

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