The yen hit its lowest level in nine months.

VTV.vn - The Japanese yen, considered a safe-haven asset, hit its lowest level against the US dollar since February 2025 on November 11.

A 5,000 yen banknote from Japan. (Photo: Kyodo/VNA)

The yen fell to 154.49 yen/USD, while the euro stabilized at 1.1555 USD/euro and the British pound gradually rose to 1.3165 USD/pound.

The U.S. Senate on November 10th passed an agreement to restore federal funding and end the longest government shutdown in history. The bill will now be sent to the House of Representatives, with House Speaker Mike Johnson stating he wants it passed as early as November 12th and then sent to President Donald Trump for signing into law. The prospect of a swift government reopening is expected to boost consumption and alleviate concerns about the country's economy .

However, the yen remains under pressure, as Japan's new Prime Minister Sanae Takaichi urged policymakers to slow down interest rate hikes, while US policymakers remained cautious about further cuts.

Among the weaker currencies, the sharp decline of the South Korean won has pushed it to a seven-month low and lost more than 2% month-to-date, as both domestic and foreign capital have fled the country's stock market.

Kiyong Seong, chief macro strategist for Asia at Societe Generale in Hong Kong, said the recent decline in the value of the won against the US dollar is mainly due to outflows of investment capital, particularly South Korean investment in US stocks.

The won also depreciated as hopes for an end to the US government shutdown pushed the dollar higher.

The won was trading at 1,463.3 won/USD on the afternoon of November 11, its lowest level since April 9, when it closed at 1,484.1 won/USD.

Source: https://vtv.vn/dong-yen-cham-muc-thap-nhat-trong-9-thang-100251111193814227.htm