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The yen saw a sharp depreciation a high of 161.80 on Thursday, its weakest since July 2024. Should the yen go beyond 161.96 against the greenback, it would be its weakest since 1986. Tokyo renewed warnings of possible intervention against speculative currency moves. The Japanese yen breached the 161 level against the U
The yen saw a sharp depreciation a high of 161.80 on Thursday, its weakest since July 2024. Should the yen go beyond 161.96 against the greenback, it would be its weakest since 1986. Tokyo renewed warnings of possible intervention against speculative currency moves. The Japanese yen breached the 161 level against the U