Japanese Yen Weakens Past ¥160 Against Dollar, Raising Intervention Concerns

After breaking through the ¥160 threshold, analysts question whether recent Bank of Japan intervention efforts will hold, warning of potential further depreciation toward ¥164.

31 Aug, 07:59 — 31 Aug, 07:59

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japan-timesMostly Factual3d ago

Yen might be on its way to ¥164 to the dollar

After the Japanese currency breaks ¥160, a bank starts to wonder whether all the intervention gains could soon be lost.

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Japanese Yen Weakens Past ¥160 Against Dollar, Raising Intervention Concerns

Sources

Yen might be on its way to ¥164 to the dollar

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