Yen

31 May 2024
Japan to intervene in forex market as the Japanese yen hits 34-year low 

Key points:  Finance Minister of Japan Shunichi Suzuki emphasizes need for forex stability.  Suspected intervention of JPY 9 trillion (approximately USD 57.11 billion) to support the Japanese currency.  10-year Japanese government bond yield reaches 1.1%, highest since 2011.  This article …

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