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

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Source: CNBC
Published: 2026-06-19 13:13 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Asia Pacific
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Snippet:
The Japanese yen breached the 161 level against the U.S. dollar late Thursday, creeping closer to a four-decade low and renewing speculation that Tokyo could intervene again to defend the currency.
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