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Former Japanese Prime Minister Fumio Kishida said that the joint intervention between the US and Japan temporarily supported the yen, but this will not fundamentally change the yen exchange rate or economic pattern, saying that the 370 trillion yen growth strategy will be a long-term vision to change Japan's fate. In an interview, Fumio Kishida said, “As far as the exchange rate is concerned, this may buy some time, but unless the basic economic situation and the broader environment change, it may not play a greater role in the end.” The US and Japan announced on Monday that they had interfered in the foreign exchange market last Friday to support the yen exchange rate.

Zhitongcaijing·08/06/2026 00:33:03
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Former Japanese Prime Minister Fumio Kishida said that the joint intervention between the US and Japan temporarily supported the yen, but this will not fundamentally change the yen exchange rate or economic pattern, saying that the 370 trillion yen growth strategy will be a long-term vision to change Japan's fate. In an interview, Fumio Kishida said, “As far as the exchange rate is concerned, this may buy some time, but unless the basic economic situation and the broader environment change, it may not play a greater role in the end.” The US and Japan announced on Monday that they had interfered in the foreign exchange market last Friday to support the yen exchange rate.