Trusted News Discovery Since 2008
{{/content}}
Yen sinks to 34-year low past 160 per dollar
Credit: IndiaTimes- Published on April 29, 2024
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. "Markets appear to be trying to push dollar-yen towards 160 in the absence of official intervention," said Vishnu Varathan, at Mizuho Bank.
You are here
Related videos from verified sources
Dollar Tree Raises Price Cap to $7 01:31
Credit: Wibbitz Top Stories - Published on March 27, 2024