Yen briefly drops past 160 level vs USD in volatile trading ...Middle East

Daily Sun - News
Yen briefly drops past 160 level vs USD in volatile trading
TOKYO: The Japanese yen briefly dropped to a new 34-year low in the 160 level against the US dollar on foreign exchange markets on Monday morning, reported Xinhua.It marked the first time since April 1990 that the US dollar has topped the 160 yen line. Monday is a national holiday in Japan, but trading remained very volatile as the Japanese currency began reversing its trajectory in the afternoon, strengthening to the 155 level.Some market participants suspected that Japanese authorities may have stepped into the currency market to stem the yen’s dive.A senior Finance Ministry official declined to comment on the yen’s sharp rise, Kyodo News reported on Monday.The Japanese currency also fell

Hence then, the article about yen briefly drops past 160 level vs usd in volatile trading was published today ( ) and is available on Daily Sun ( Middle East ) 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 ( Yen briefly drops past 160 level vs USD in volatile trading )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News