May 18, 2024

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Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

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Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
Japanese Yen Tumbles to 34-Year Low Against Soaring US DollarThis week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop to 158.283 per dollar signals a substantial downturn for the currency. This […]