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Jun 26, 09:41 AM

Japanese Yen Weakens, USD/JPY Hits 160.40, Kanda Ready to Intervene in Currency Markets

Japanese Yen Weakens, USD/JPY Hits 160.40, Kanda Ready to Intervene in Currency Markets

Authors

64

The Japanese Yen has been weakening significantly, with USD/JPY rising to 160.40, the highest since 1986. Top currency diplomat Kanda expressed concerns over the rapid decline and readiness to intervene if necessary.

#Japanese #Kanda

Written with ChatGPT (GPT-3).

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Holger Zschaepitz@Schuldensuehner
1 year ago
OOPS! #Japan's Yen weakens beyond 160 per Dollar, the weakest level since 1986. https://t.co/hPh0PNjvKf
Bloomberg@business
1 year ago
The yen slumps to its weakest level on record against the euro. A move that highlights the Japanese currency’s stubborn depreciation https://t.co/1kqdVYGrcn
Bloomberg Markets@markets
1 year ago
The yen slumps to its weakest level on record against the euro. A move that highlights the Japanese currency’s stubborn depreciation https://t.co/Wjk9GTlajX