The currency is down due to Tokyo’s reluctance to tighten monetary policy, analysts say The Japanese yen hit its lowest level against the US dollar in nearly 24 years on Monday, dropping to 135.22 yen to the greenback on the Tokyo Exchange as of around 04:00 GMT. This is its lowest level since October 1998. The Nikkei 225 stock index was consequently also down, losing 3.05% during morning trading to 26,975 points. Analysts say the depreciation of the Japanese currency stems from Tokyo’s reluctance to tighten monetary policy at a time when the US Federal Reserve along with many other leading central banks are hikin
Hence then, the article about japanese yen slides to record low was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Japanese yen slides to record low )