Yen hovers near 40-year low as Tokyo signals readiness to act
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The yen is hovering near a 40-year low, prompting Tokyo to signal its readiness to take action. Japan's finance officials have indicated a willingness to intervene in the market, with some suggesting the possibility of large-scale intervention. The yen's slide has occurred amid talks between US and Japanese finance officials and amid a firming dollar.
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