Takaichi previously informed President Trump that the yen's undervaluation is a concern for her administration. The new drive to enhance economic competitiveness is intended to underpin the exchange rate and improve Japan's overall position in the global market.
Tuesday, October 20, 2026
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Japan PM Takaichi Launches Competitiveness Drive to Underpin Yen
Global Markets20 days ago
The Japanese government is shifting its focus toward improving national productivity and economic standing to stabilize the currency after attempts by the United States to intervene in the market were unsuccessful. Prime Minister Takaichi stated that these policy changes will boost market confidence in the yen, prioritizing a sustainable domestic recovery over external aid.
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