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Yen slides lower as Tokyo stocks rise

By Inquirer - 2 days ago
Tokyo, Japan — The yen slid to its weakest value against the dollar since 1986 on Friday, putting investors on alert for a possible fresh forex intervention by the Japanese government. One dollar bought 161.12 yen at around 0100 GMT, compared with 160.70 yen in early Tokyo trade. It came as Japanese shares opened higher,

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