The Big Story: Yen rises sharply against Singdollar. Is Japan's currency comeback here to stay?

Your Way Home with Hongbin Jeong · Aug 3, 2026 · 13m

The yen is staging a dramatic comeback after Japan and the United States joined forces in a rare coordinated intervention to stop the currency’s slide. The Japanese currency has climbed nearly 4 per cent against the Singapore dollar since the intervention, raising hopes that the worst may be over for the battered yen. But can authorities really reverse the currency’s long-term decline in a global market worth trillions of dollars a day? And what could a stronger yen mean for Singaporeans heading to Japan, global markets and the wider economy? On The Big Story, Hongbin Jeong speaks…