Battered yen pinned near multi-decade low amid resilient dollar

Quick Summary:

SINGAPORE, June 27 — The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dolla...

The common currency was on track to lose roughly 1.5% for the month, weighed down by political turmoil in the euro zone in the lead up to France’s snap election set to begin this weekend.

The euro, which on Wednesday similarly fell to its weakest level since the beginning of May, was last 0.01% higher at US$1.0680.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaFranceJapanNew ZealandSingapore

Topics: Japanese yen Us dollar Forex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 08:31:32 (6 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 668 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 36 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 21399538

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