# Japan’s yen rescue echoes Asian financial crisis, ex-FX diplomat says

https://mins.news/en/item/34355

- Reuters, 2026-08-27 12:25 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/japans-yen-rescue-has-echoes-asian-financial-crisis-ex-fx-diplomat-says-2026-08-27/?link_source=ta_bluesky_link&taid=6a902ca80602a6000171ea96

> Japan’s latest attempt to support the yen has revived memories of the Asian financial crisis. Former senior currency diplomat Naoyuki Shinohara said the operation bears little resemblance to traditional coordinated intervention.