Japanese yen sinks to 20-year low against dollar

Top Lifetime Deals - Business Software Ai Writer, SEO, Blogging, Email & More

Save up to 90% Discount On Business Software such AI Writer & CRMs

The widening gap between interest rates in Japan and the US has pushed the yen to a 20-year low against the dollar. The currency earlier fell to about 133 to the greenback — the lowest since April 2002. The yen’s record run of losses has been driven by Japan’s continuing dovish stance. Japan’s government said it is closely monitoring the situation with a sense of urgency. The central bank has maintained interest rates at ultra-low levels despite the rising cost of living.

Subscribe to our channel here: https://cna.asia/youtubesub

Subscribe to our news service on Telegram: https://cna.asia/telegram

Follow us:
CNA: https://cna.asia
CNA Lifestyle: http://www.cnalifestyle.com
Facebook: https://www.facebook.com/channelnewsasia
Instagram: https://www.instagram.com/channelnewsasia
Twitter: https://www.twitter.com/channelnewsasia

You May Also Like