Former Bank of Japan Governor Haruhiko Kuroda has expressed his views on the future trajectory of the Japanese yen. According to Kuroda, the yen is likely to strengthen against the US dollar, reaching a range of approximately 120 to 130 yen per dollar.
He attributes this potential appreciation to the expected narrowing of the interest rate gap between Japan and the United States. As the difference in interest rates diminishes sooner or later, it could lead to increased demand for the yen, supporting its value against the dollar.
This outlook highlights important dynamics in the currency market, influenced by monetary policies in both countries and their impact on exchange rates.
https://www.bloomberg.com/news/articles/2025-10-30/ex-boj-governor-kuroda-sees-yen-rally-toward-120-130-per-dollar