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المشهد العربي
Japanese yen nears 40-year low
The Japanese yen continued to decline during today's trading, approaching its lowest level in four decades against the US dollar, with the dollar hitting 161.41 yen, close to the 161.96 yen mark, which is the lowest level recorded since 1986. Japan's holdings of foreign assets decreased by approximately $75.6 billion in May, amid expectations that the government will intervene to support the currency by liquidating foreign assets. The government also affirmed that it will act appropriately to address currency movements.
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