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South Korea, Indonesia, and Philippines intervene as currencies weaken against the US dollar

Central banks in Asia are ramping up currency interventions as the US dollar climbs, placing new pressure on regional economies and import costs.

#CurrencyMarkets#EmergingMarkets#Business

Jun 24, 20261m readAI

Bloomberg Markets

Japanese Yen drops to 161.80 per dollar, nearing July lows

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Japanese Yen drops to 161.80 per dollar, nearing July lows

The Japanese Yen fell to 161.80 against the U.S. dollar on Thursday, nearing July's lows and sparking renewed debate over potential government intervention to stabilize the currency.

#Business#Forex#JapaneseYen

Jun 23, 20261m readAI

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