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“Japan’s yen hits 34-year-low, heating talk of intervention”

“The yen hit a 34-year-low on Wednesday, weakening as much as 151.97 against the U.S. dollar and fueling market questions over potential government intervention to prop the Japanese currency.

The yen was last at 151.22 against the dollar at 10:19 a.m. London time after paring back some losses. The Japanese currency struck its previous record low at the tail end of last year, when it declined to 151.95 against the dollar in October 2023…”

https://www.cnbc.com/2024/03/27/japans-yen-hits-34-year-low-heating-talk-of-intervention.html

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