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المشهد العربي
Japanese yen remains near 1986 lows
The Japanese currency has remained stable near its lowest levels since 1986, amid ongoing effects from rising oil prices, energy raw materials, and increased U.S. Treasury bond yields on the pair against the dollar. Experts at HSBC Bank anticipate that Japanese authorities may soon intervene directly in the market to manage the yen's trading, but the success of such intervention will depend on the responsiveness of monetary policies, especially if the Bank of Japan tightens its monetary policy or the Federal Reserve in the U.S. lowers interest rates.
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