Global marketsUpdated 10h ago

Japan hints at intervention near 160 yen per dollar.

The yen has weakened sharply in recent days, bringing it close to 160 per dollar and putting renewed pressure on policymakers in Tokyo. Japan’s currency chief warned traders it was too soon to forget this summer’s intervention. His words signal that authorities may step in again to support the yen. That gives the current slide a recent precedent, not just a number to watch.

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