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Japan raises interest rates to 31-year high

Industry News
Friday 18th September, 2026 Japan’s central bank raised interest rates to 1.25%, the highest in 31 years, as rising inflation and wages put pressure on the economy and yen. This gives Wise a chance to explain how Japan’s rate rise and a weaker yen could affect people sending, spending or holding money across borders.
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Why have we flagged this?

Japan’s rate rise and potential yen movement could affect travel, remittances and currency conversion, giving you an opportunity to share exchange-rate or transfer trends.

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