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Japanese Yen hits four-decade low against US dollar - why the currency is depreciating
The Japanese yen has weakened to its lowest level against the US dollar since 1986, a move that is likely to heighten concerns among policymakers and keep market participants alert for the possibility of official intervention to support the currency.
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theprint.in
Yen hits four-decade low in historic slide that’s rattled japan
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.
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straitstimes.com
Yen hits 40-year low in historic slide, rattling Japan
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…
