This is a U.S. news story, published by CNBC, that relates primarily to PM Shigeru Ishiba news.
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Japanese currency expertsCNBC
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85% Informative
The yen slid to as weak as 147.15 against the U.S. dollar on Wednesday , after PM Shigeru Ishiba said the current economic climate does not require an additional rate increase.
The Bank of Japan kept its benchmark interest rate steady at " around 0.25% " — the highest rate since 2008 — in September .
The yen clocked its largest single-day decline since June 2022 during the session.
VR Score
91
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32
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