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2026-09-09T08:04:58.262Z

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Yen stays strong as dollar falls

Yen stays strong as dollar falls

The Japanese yen's exchange rate remained near its highest level since February, at 153.33 per dollar, amid the dollar's decline against other major currencies. Regional tensions have contributed to a rise in oil prices to around $100 per barrel, with Brent crude increasing by more than 1%. This occurred alongside ongoing market concerns ahead of the release of U.S. inflation data, as well as growing expectations that the Bank of Japan will raise interest rates by 25 basis points at its upcoming meeting. Meanwhile, the Chinese yuan remains supported by positive inflation data and strong export growth.

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