Economy · World
Japanese Yen Hits 40-Year Low, Prompting Official Concern
The Japanese yen has fallen to its lowest point against the US dollar in 40 years, trading below 161.96 yen per dollar for the first time since 1986. This significant depreciation marks the currency's fourth consecutive quarterly loss and its longest losing streak since 2022. Japanese officials have indicated readiness to intervene in the market to address the currency's slide.
How outlets across the spectrum covered it
Left 1 · Centre 3 · Right 0 n = 4
- Left (1): The Hindu
- Centre (3): Mint, The New Indian Express, The Times of India
- International (2): Bloomberg, Reuters