3 June 2026, 07:19 Japan: Yen Slides Toward Key 160 Level Against Dollar.
The Japanese yen weakened toward the 160-per-dollar mark on Wednesday, approaching a level that previously triggered official intervention and prompting renewed warnings from Japanese authorities. Finance Minister Satsuki Katayama reiterated that the government remains prepared to take appropriate action in the foreign exchange market whenever necessary to address excessive currency movements. The yen’s latest decline comes despite Tokyo spending of
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