Japanese Yen Hits 39-1/2-year Low
The Japanese Yen touched 161.95 against the USD, the lowest since December 1986.Over the past 4 weeks, US Dollar Japanese Yen gained 1.43%, and in the last 12 months, it increased 12.61%.
Yen Languishes Near 4-Decade Low
The Japanese yen was little changed at around 161.7 per dollar on Monday, remaining close to its weakest level since 1986 despite data showing retail sales rose 5.3% in May, the fastest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A str…