Thu, 20 Oct 2022 09:53:45 GMT
USD/JPY breaches 150.00 mark
The US Dollar has reached above a new benchmark level against the Japanese Yen. During the day's morning hours, the rate shortly traded above the 150.00 level. The event marks a new level for the ongoing depreciation of the Yen.
The Japanese Yen has continued to lose value against peer currencies despite the Bank of Japan efforts to stop it. The