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Japan hints that even slow yen sell-off may trigger intervention

Summary by Ground News
Comments by Japan's top currency diplomat suggest Tokyo may be ready to defend the currency. Further yen depreciation against the dollar could spark renewed inflation in Japan. The currency reversed sharply Tuesday from a one-year low of just over 150 yen to the U.S. dollar.

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NikkeiNikkei
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Japan hints that even slow yen sell-off may trigger intervention

TOKYO -- Comments by Japan's top currency diplomat on Wednesday suggest that Tokyo may be ready to defend the currency even from moderate declines, ma

·Japan
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Nikkei broke the news in Japan on Wednesday, October 4, 2023.
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