The Japanese Yen fell to its lowest level since July 2024 against the US Dollar.
The yen's decline accelerated, falling to its lowest level against the dollar since July 2024, with markets speculating that Prime Minister Takayuki Hosono may soon hold an early election. The yen briefly fell by 0.5%, touching 158.90 yen to the dollar. The Ministry of Finance last intervened in the foreign exchange market on July 12, 2024, when the dollar hit a high of 159.45 yen.
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