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 ...