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Tuesday, April 23, 2024

Analysis: ‘It’s a car with broken brakes’: investors see unrelenting yen descent

TOKYO/SINGAPORE, Sept 16 (Reuters) – Japan’s threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows before the year end, market analysts and fund managers say. The yen has already lost more than 20% of its value this year to reach a 24-year trough at …

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