Japanese Yen Sees Its Lowest Level in 40 Years: 163 Barrier Against the Dollar Surpassed

The Japanese yen continued to lose value against the US dollar, testing its lowest level in 40 years.

In transactions made on 21 July, the dollar/yen parity surpassed the 163 level for the first time since 1986. Having approached the 162 barrier at the end of June, the exchange rate maintained its downward…