WORLD Yen slides to 24-year low against dollar

WORLD

Yen slides to 24-year low against dollar

AFP

12:20, June 13, 2022

Photo: CGTN

The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world's largest economy.

Shortly after 0400 GMT, one dollar bought 135.19 yen, a level last seen during the Asian currency crisis.

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