[Breaking] Yen falls to the ¥160 range for the first time since before the intervention

The yen fell against the dollar in the New York foreign exchange market, briefly reaching the low ¥160s per dollar. This was the first time it had reached the ¥160 range since the intervention on 31 July.

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The story

The yen fell against the dollar in the New York foreign exchange market, briefly reaching the low ¥160s per dollar.

This marked the yen's return to the ¥160 range since the coordinated yen-buying intervention by Japan and the United States on 31 July.

At a glance

Market TrendsYen falls in New York foreign exchange market, briefly reaching the low ¥160s per dollar

Timing of interventionReached the ¥160 range for the first time since the 31 July intervention

Information sourceReported by New York Kyodo

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