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Yen nears weakest in 40 years as BOJ hike fails to stem rout (opens original article in a new tab)

TL;DR

Yen nears four-decade lows as Japan's rate hike fails to stop its decline, with markets watching for intervention.

  • Yen nears weakest in 40 years
  • BOJ hike fails to stem yen rout
  • Markets on heightened intervention watch
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