Japan’s currency dropped as much as 0.3% to 157.76 per dollar on Monday, reaching the weakest level in more than two weeks, before trading little changed. The LDP secured a two-thirds super majority in the 465-seat lower house by itself, according to public broadcaster NHK. The LDP’s haul of seats gives it the highest proportion of representatives in the lower house of any party in post-war elections in Japan. Many investors see an election victory for Takaichi as allowing her to add to Japan’s already heavy debt load. Traders will be watching the level of 159.45 per dollar reached in mid-January, the yen’s weakest since 2024.

Source: The Edge Markets February 08, 2026 22:45 UTC