TOKYO -- The Japanese yen weakened to the upper-153 level on Monday after the ruling coalition lost its majority in Sunday's general election, casting uncertainties over the country's fiscal and monetary policies.
LDP-led bloc seen shifting to expansionary measures to win July election

The yen is likely to suffer while the ruling coalition seeks alliances with smaller opposition parties for the upper house election, experts say. (Photo by Yutaka Miyaguchi)
TOKYO -- The Japanese yen weakened to the upper-153 level on Monday after the ruling coalition lost its majority in Sunday's general election, casting uncertainties over the country's fiscal and monetary policies.