Mizuho Bank fixes yen at 161.28/dollar, 1.37 stronger

On July 2, 2026, Mizuho Bank fixed the Japanese yen at 161.28 per U.S. dollar, reflecting a 1.37% increase compared to the previous rate. This adjustment aligns with the broader foreign exchange market dynamics observed in recent days, as reported by the Bank of Japan, which publishes daily exchange rate data based on market participant information.

Mizuho Bank, a core subsidiary of Mizuho Financial Group, offers foreign exchange and cross-border transfers. The bank’s exchange rate for JPY to USD typically includes a margin above the mid-market rate, which may affect the amount received by the recipient. Transfer times for international transactions from Japan to the United States generally range from 1 to 5 business days, depending on the payment method and timing.

The updated rate of 161.28/yen suggests a strengthening of the U.S. dollar against the Japanese yen, which could be influenced by macroeconomic factors such as interest rate differentials and global market sentiment. Investors and financial professionals monitoring the JPY/USD pair may find this rate useful for assessing current market conditions and planning international transactions.