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The yen soared essentially the most in opposition to the greenback since March 2020 as Nikkei reported Japanese authorities intervened once more to prop up the foreign money.
The yen jumped as a lot as 2.7%, to 146.23 per greenback, reversing an earlier drop that had despatched it to a contemporary 32-year low of 151.95 on Friday. The foreign money traded round 147.35 per greenback as of 4:20 p.m. in New York.
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