Wednesday 26 October 2022

Japan ramps up intervention threats after yen slides past key 150 level

Japan ramps up intervention threats after yen slides past key 150 level

Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of 150 to the dollar, keeping investors on high alert in case Tokyo steps into markets again to support the fragile currency.
Read more: https://www.reuters.com/markets/currencies/japans-finance-minister-vows-appropriate-steps-tackle-volatile-yen-moves-2022-10-20/?source=Snapzu

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