BUSINESSJun 19 · 03:13 UTCCNBC TOP

Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

The yen depreciated sharply to 161.80 against the dollar, its weakest since July 2024, nearing a 40-year low. The decline has revived speculation about potential intervention.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Japanese YencurrencyUS DollarcurrencyCurrency Interventiontopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 11 · 01:06 UTC
Yen Bears Retreat as Intervention Seen Capping Currency Weakness
BUSINESSJun 18 · 06:18 UTC
Traders See 40-Year Yen Low as Next Intervention Battleground
BUSINESSJun 19 · 02:04 UTC
Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more
BUSINESSJun 3 · 01:07 UTC
Yen Slide Pauses Before 160 as Traders Eye Intervention Risk
BUSINESSMay 12 · 00:34 UTC
Japan’s Reserves Tally Likely Too Early to Reflect Intervention