In modern times, the Japanese yen is typically seen as a 'safe haven' asset. Consistently maintaining both a current account surplus and a low inflation rate, the Japanese financial system is said to be relatively stable compared to other global economies, which helps the yen maintain its 'safe haven' status. In periods of economic uncertainty, the yen is likely to increase in value; those looking to avoid risk will buy the yen and sell other 'riskier' currencies.