The yo-yo yen: Japanese currency's wild swings prompt intervention speculation
02:38 Min
The yen swung in volatile trade Monday as it rebounded soon after hitting a 34-year low against the dollar, fueling speculation Japanese authorities had intervened to support the currency for the first time since late 2022.
CNA's Olivia Marzuki breaks down the reasons behind and market reactions to the yen's recent slides.
30 Apr 2024 09:49am
The yen swung in volatile trade Monday as it rebounded soon after hitting a 34-year low against the dollar, fueling speculation Japanese authorities had intervened to support the currency for the first time since late 2022.
CNA's Olivia Marzuki breaks down the reasons behind and market reactions to the yen's recent slides.
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