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المشهد العربي
Anticipated Govt Action on Yen Decline
Concerns continue to grow over a potential government intervention to halt the decline of the Japanese currency (the yen), which has approached the critical level of 160 yen per dollar. This threshold indicates how much the Japanese economy can withstand a weakening currency. The decline came after a wave of depreciation following the Bank of Japan's decision in September to raise interest rates by 25 basis points, which increased pressure on the yen and sparked market fears about the repercussions of a weakening currency on the national economy.
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