Japan Manifests Concern About the Decline of Iron for Minimum Values to the Euro
3 Articles
3 Articles
Iene has fallen to 180 units per euro during the negotiations in New York’s budget on the second day, the lowest level in relation to the Community currency since its introduction in 1999.
On the 18th, the yen, bonds, and stocks all sold in the Tokyo market, resulting in a "triple drop." The yen's exchange rate against the euro in the foreign exchange market fell, and according to a major financial institution, it briefly hit the 180 yen level per euro range. This is the first time this has happened since the exchange rate was introduced in 1999. The yen also fell against the dollar, reaching its lowest level since early February.
On the foreign exchange market on the 17th, selling of the yen accelerated, causing it to fall to its lowest level ever against the euro.
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