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according to the Japanese outlet NHK. The face value of the coins is 1 sen, the equivalent of one-one hundredth of a yen. Today, 1 yen is worth 0.65 cents in USD, less than a penny. Close-up ...
The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day.
When propping up the yen, the dollars come from Japan’s foreign reserves, which puts a limit on its firepower. At the end of November, Japan had $1.08tn in foreign currency. In the interventions ...
Japan is closely watching currency market positions, including those built on speculative bets, because volatility in ...
edging up 0.1 percent from Thursday, but still close to that session’s low of 158.09 per dollar, the yen’s weakest level since July 17. Japan’s currency got little respite from a fresh warning by the ...