Yen Weakens Past 160 Per Dollar, Erasing Half of Intervention Gains

Hyperdash News08/28/2026 19:59 UTCFX

The Japanese yen weakened past the key 160-per-dollar level, extending a slide against the US dollar. This move has erased more than half of the gains seen after recent intervention efforts. The depreciation signals ongoing pressure on the currency and potential for further policy responses.

Sources

Bloomberg

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