{"id":348240,"date":"2026-02-21T02:20:09","date_gmt":"2026-02-21T02:20:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/348240\/"},"modified":"2026-02-21T02:20:09","modified_gmt":"2026-02-21T02:20:09","slug":"yens-purchasing-power-sinks-to-53-year-low-one-third-of-peak","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/348240\/","title":{"rendered":"Yen&#8217;s purchasing power sinks to 53-year low, one-third of peak"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/currencies\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Currencies<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Besides US dollar, the currency also falls against Chinese yuan and Thai baht<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/02\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/3\/7.jpeg\" alt=\"20260220N Yen bills\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">The yen&#8217;s\u00a0real effective exchange rate\u00a0in January sunk to the lowest level since 1973. (Photo by Nanami Sato)<\/p>\n<p>TOSHIHIRO SATO and AYAKA YOSHINO<\/p>\n<p>February 21, 2026 02:05 JST<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO &#8212; The yen&#8217;s overall strength hit a 53-year low last month against major currencies, falling to a third of its 1995 peak, as Japan&#8217;s prolonged economic weakness takes a toll on the currency&#8217;s purchasing power.<\/p>\n","protected":false},"excerpt":{"rendered":"Currencies Besides US dollar, the currency also falls against Chinese yuan and Thai baht The yen&#8217;s\u00a0real effective exchange&hellip;\n","protected":false},"author":2,"featured_media":348241,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[163868,79,179,18,19,17,163869,163870,20436,3499,163866,163867,163865],"class_list":["post-348240","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-53-year","tag-business","tag-economy","tag-eire","tag-ie","tag-ireland","tag-low","tag-one-third","tag-peak","tag-power","tag-purchasing","tag-sinks","tag-yens"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116106233391261387","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/348240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=348240"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/348240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/348241"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=348240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=348240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=348240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}