Japan's currency has slipped to a new 20-year low against the dollar, as US long-term interest rates rise on the back of easing concerns about the American economy.
The yen moved to the mid-131 range against the dollar at one point on Monday in New York.
The yen moved to the mid-131 range against the dollar at one point on Monday in New York.
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Summary
Japan's currency, the yen, reached a 20-year low against the dollar due to rising US long-term interest rates and easing concerns about the American economy. The yen moved to the mid-131 range against the dollar in New York on Monday. This development indicates a weakening of the Japanese currency
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ID: 629e77f9-65b8-4a39-beb4-1bdac0a80b98
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220607_03/
Date: June 7, 2022
Created: 2022/06/07 06:56
Updated: 2025/12/09 15:44
Last Read: 2022/06/07 06:56