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30 Jun 2024

The Japanese yen falls to record levels amid anticipation

The Japanese yen fell to its lowest level against the US dollar in over three decades during trading on Wednesday, with the dollar rising to 160.63 yen, marking a peak not seen since December 1986, before slightly rising during European trading on Thursday. The significant decline in the yen's value has created anticipation of any potential intervention by Japanese officials to support the yen

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