Yen at Lowest Level in 21 Months
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-04-30 01:41 UTC
- Sources: Nikkei Asia
The Japanese yen has fallen to its lowest level against the US dollar in 21 months, breaching the 160 mark. The currency's decline comes as investors seek higher-yielding assets amid a global economic slowdown. Nikkei Asia reports that the yen has been under pressure due to Japan's low interest rates and its reliance on imports.
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