Japan intervenes in currency market to prop up yen after it weakens to near 40-year low

MacroDigital Finance Impact 4
โดย Money & Banking·Read original
Summary · why it matters

Japan has intervened in the foreign exchange market to support the yen after the currency weakened to its lowest level in nearly 40 years. The move reflects concerns among Japanese authorities over the rapid depreciation of the currency, which could impact the domestic economy. Details on the scale and timing of the intervention have not been officially disclosed.

Impact on stocks 0