Japanese yen weakens to new 38-yr lows, crosses 161 towards the U.S. dollar

New Japanese 1000 Yen banknote on exhibit inside of the Forex Museum of the Financial institution of Japan’s Institute for Monetary and Economic Studies. The new banknotes will start off circulate from July 3, 2024.

Sopa Images | Lightrocket | Getty Illustrations or photos

The Japanese yen weakened to clean 38-calendar year lows on Friday, crossing the 161 mark for the initial time because 1986 and achieving a significant of 161.27, in accordance to LSEG info.

The very last time the forex was at this degree was in December 1986.

This is breaking news, please verify again for updates.

Resource

World

Apple’s China iPhone sales grows for the first time in two years

July 3, 2025

People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its […]

World

What the U.S.-Vietnam trade deal tells us about the future of tariffs

July 3, 2025

Workers at a Thai Son S.P. Co. garment factory endeavor to produce products for global clients, in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images Global attention turned to Vietnam on Thursday, after U.S. President Donald Trump announced a trade deal with Hanoi just days before […]

World

UK in dire straits after finance minister’s tears rattle markets

July 3, 2025

Britain’s Chancellor of the Exchequer Rachel Reeves and Britain’s Defence Secretary John Healey visit Wellington Barracks, in central London, on March 26, 2025. Stefan Rousseau | Afp | Getty Images All eyes are now on the U.K.’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability, after the […]