Yen hits 24-year low against the dollar as Japan sticks to loose monetary policy - Financial Times


6/13/2022 12:00:00 AM2 years 10 months ago
by Antoni Slodkowski, Eri Sugiura, Leo Lewis

Japanese currency comes under further pressure as US Treasury yields rise

The yen plunged to a 24-year low of ¥135.19 against the dollar on Monday, with the currency’s slide drawing increasing scrutiny from Japanese authorities wary of its rapid weakening. Following a wee… [+3096 chars]

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