8 Hrs
Source:
الاقتصادية
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Yen reaches highest since February
The Japanese yen rose to its highest level since February, surpassing the peak reached after the coordinated intervention between Japan and the United States, reaching 154.06 yen against the dollar. This increase was driven by growing expectations of the Bank of Japan raising interest rates. The rise reflects a significant shift in sentiment, supported by political and financial outlooks, although doubts remain about the long-term effectiveness of interventions in the currency market.
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