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COGNICURRENT

Feb 5 • 09:15 UTC • 🇯🇵 Japan • Asahi Shimbun (JP)

Yen depreciation advances to the 157 yen range; the effect of rate checks diminishes, marking a two-week level

The yen weakened to around 157 yen to the dollar in the Tokyo foreign exchange market, the lowest in roughly two weeks, due to perceptions of continued yen-selling influenced by a recent election victory by the ruling party and its fiscal policies.

#yen #currency #japan #foreign exchange #finance
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