After US-Japan intervention, how a stronger yen might affect Indian markets
The United States and Japan confirmed a coordinated intervention in the currency market to stabilize the yen, which had recently fallen to 40-year lows. This joint action, the first since 2011, has raised concerns about its potential impact on Indian markets, particularly regarding yen carry trades and foreign institutional investment (FII) trends. Experts caution that the exact magnitude of this impact is currently difficult to quantify.