JAPAN ECONOMY MARKETS FOREIGN EXCHANGE

Japanease currency rises to 159 Yen level against the US Dollar

epa11473773 Pedestrians walk past a display showing the developing foreign exchange rates of the Japanese Yen against the US Dollar (top-L) and the euro (top C) and other international currencies in Tokyo, Japan, 12 July 2024. The Japanese currency reached 159 Yen against the US Dollar after the it rose to up to a 157.40 yen exchange rate after the publication of the US consumer price index in New York where it even was listed as low as 161 yen at the beginning of the month. According to market sources, the Bank of Japan conducted a rate check against the euro while the Japanese government on 12 July 2024 have not confirmed any foreign exchange intervention by the government. EPA/KIMIMASA MAYAMA

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