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Macro Finance

Yen Slides Past 163 Mark to Fresh Four-Decade Low Against Dollar

Bloomberg Markets·July 21, 2026·1 min read

The yen weakened past 163 per dollar for the first time since 1986, reaching a fresh four-decade low. This decline raises the risk of intervention by authorities to prop up the currency. The move marks a significant milestone in the yen's prolonged slide against the dollar, prompting market speculation about potential government action.

Read at Bloomberg Markets
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