Japan's currency has dropped to its weakest level against the U.S. dollar in nearly four decades, piling fresh pressure on the country's economy. The yen slid to a 40-year low as rising U.S. Treasury yields boosted the dollar, with traders now watching closely for possible intervention from Japanese authorities to stabilize the currency. A weaker yen makes imported goods, fuel, and food more expensive in Japan, increasing the cost of living for households and businesses alike. #japan #news #worl
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Japan's currency has dropped to its weakest level against the U.S. dollar in nearly four decades, piling fresh pressure on the country's economy. The yen slid to a 40-year low as rising U.S. Treasury yields boosted the dollar, with traders now watching closely for possible intervention from Japanese authorities to stabilize the currency. A weaker yen makes imported goods, fuel, and food more expensive in Japan, increasing the cost of living for households and businesses alike. #japan #news #worl
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