New York market yen alternate price up to date to its lowest value this 12 months, quickly dropping to 1 dollar = 149 yen and 88 sen | NHK

On the 2nd, within the New York overseas alternate market, the yen depreciated, with the yen’s alternate price briefly dropping to $1 as long-term rates of interest rose to the very best degree in about 16 years as a consequence of expectations that financial tightening can be extended within the United States. = The value has fallen to the late 149 yen vary, making it the bottom value this 12 months.

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