December 27, 2024

this yen London Stock Exchange data showed it fell to a 38-year low on Friday, breaking through the 161 mark for the first time since 1986 and reaching a high of 161.27.

The currency was last at this level in December 1986.

Separately, it is reported that Japan has also appointed Atsushi Mimura as its chief monetary diplomat, replacing Masato Kanda. According to Nikkei Shimbun.

Sancun is International Director, Ministry of Finance, Japan.

This is breaking news, please check back for updates.

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