Low interest rates, political uncertainty fuel selling pressure against euro, pound
The yen has weakened across a broad swath of currencies other than the U.S. dollar. (Photo by Akira Kodaka)
SHINICHI ARAKAWA
September 24, 2025 01:31 JST
TOKYO — The yen’s weakness across a broad swath of currencies, fueled by negative real interest rates and political uncertainty, comes amid an apparent revival of the yen carry trade that had dragged down the Japanese currency until early last year.