Yen weakens to lowest level in 40 years

🇯🇵 Financial Times (JP) —

AI Summary

The Japanese yen has weakened to its lowest level in 40 years, falling past ¥162 to the dollar. This decline is attributed to the Federal Reserve's hawkish monetary policy shift, which has increased pressure on the currency.

Japanese currency slides past ¥162 a dollar as Federal Reserve’s hawkish shift piles on pressure

World Markets Japanese yen currency weakening Federal Reserve exchange rates financial markets

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