November 22, 2024 20:23 (IST)
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Japan ready to take all appropriate measures to check 'excessive volatility' in yen

Tokyo: Japan is ready to take all appropriate measures in response to excessive swings in its currency and is analysing the recent weakness in yen alongside its causes, said Finance Minister Shunichi Suzuki, media reported.

Yen plunges to lowest mark against dollar in over 2 decades

Japanese currency yen Thursday nosedived to the lowest level against the US dollar since 1990 after America's central bank, Federal Reserve, indicated aggressive measures to tighten its noose on inflationary pressures, said media reports.