Japan's foreign exchange affairs chief, Jun Mimura, stated that following Prime Minister Sanna Takashita's historic victory in the election, the yen is once again facing downward pressure. The government will continue to remain highly vigilant and closely monitor the trends in the foreign exchange market.
After Takashita's overwhelming victory, the yen came under pressure, and there is speculation that she may implement more aggressive fiscal easing policies with less political resistance. This morning (the 9th), the yen fell to 157.76 against the US dollar but later rebounded, currently reported at 156.84 against one US dollar

Japan's foreign exchange affairs chief, Jun Mimura, stated that after Prime Minister Sanna Takagi achieved a historic victory in the election, the yen is once again facing downward pressure. The government will continue to remain highly vigilant and closely monitor the trends in the foreign exchange market. Following Takagi's overwhelming victory, the yen came under pressure, and there is speculation that she may implement more aggressive fiscal easing policies with less political resistance. This morning (the 9th), the yen fell to 157.76 against the US dollar at one point, but then rebounded, currently reported at 156.84 against one US dollar

Japan's foreign exchange affairs chief: closely monitoring the foreign exchange market trends