TOKYO, June 30 — Japan’s finance minister said today that authorities were ready to take “appropriate action” after the yen hit a 40-year low against the dollar.The...

The slump continues in the face of regime change at the Bank of Japan, which ended a negative-interest rate policy in 2024, raising expectations for a revival in the currency.

The yen slid to 161.98 versus the US dollar in New York trading on June 29, breaching the 161.95 mark touched in July 2024. Read more at straitstimes.com. Read more at…

The Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen continues to weaken due to a significant…

The yen sank past 161.96 per dollar for the first time since 1986 in London trade on Monday.

Markets weigh Takaichi's stance against pressure from weakening currency

Japanese Finance Minister Satsuki Katayama said authorities were ready to respond appropriately at any time, without giving stronger signals. The sharp decline has fuelled growing…