NY: Jpn Yen briefly hits 161 yen range, lowest in 37 and a half years
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[New York Jiji Press] On Monday, the first day of the week, the New York foreign exchange market saw yen selling and dollar buying accelerate in response to rising US long-term interest rates, with the yen briefly hitting a low of 161.72 yen per dollar, the lowest level in about 37 and a half years since December 1986. As of 5 p.m., the exchange rate was 161.44-54 yen, down 60 yen from the same time last weekend.

https://www.jiji.com/jc/article?k=2024070200234&g=eco
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