Tag: yen heads
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Yen heads for biggest weekly drop since May despite Tokyo’s support pledges
July 24 : The yen was on course for its steepest weekly decline since May on Friday, capping a turbulent stretch that has sent the currency to new 40-year lows versus the dollar despite Japan’s pledges to stabilise the currency.Verbal efforts to support the yen have had limited effect, and some analysts belie
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