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Japanese Yen Weakens to ¥160 Against US Dollar

The Japanese Yen has depreciated to ¥160 against the US dollar, a level not seen since a major government intervention about a month ago, prompting speculation of further action to prop up the currency.

3 Jun, 00:58 — 3 Jun, 00:58
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Sources

Showing 1 of 2 sources
japan-timesMostly Factual5h ago

Yen back at ¥160 to the dollar about a month after massive intervention

The currency is now near the level that some traders believe is the red line for the government and will lead to another major effort to prop up the currency.

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Coverage Timeline

First report: NHK World · 2 Jun, 23:53Full coverage: 2 · 1hWindow: 1h
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NHK World2 Jun, 23:53First to report

円相場 一時1ドル=160円まで値下がり 約1か月ぶり円安水準

1h later
japan-times3 Jun, 00:58Latest update

Yen back at ¥160 to the dollar about a month after massive intervention

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