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Japan confirms first currency intervention since 2022 with $62 billion in spending - NBC4 Washington
Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April. The ministry on Friday stated Japan ...
The Japanese yen is hovering near three-month lows against the U.S. dollar, after hitting 153.18 late Wednesday. In the past, weakness in the Japanese currency has been attributed to the ...
Japan’s yen surges after sinking to lowest level against dollar since 1990. Japanese currency sinks to 160.17 per dollar before rising to 155.01 amid speculation of intervention by authorities.
Japan's government said it was ready to take action if "rapid, one-sided" moves in the currency market continue, signalling their alarm over the yen's fall to a fresh 24-year low. "I'm concerned ...
The value of Japan's currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A few years ago, it took closer to 100 yen to make a U.S. dollar.
Now, though, just as Japan’s stock market is entering a new era of strength, its currency has collapsed. The yen briefly touched a 34-year low compared to the U.S. dollar this week.
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