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Yen resumes slide as Japan struggles to halt currency's decline
๐Ÿ“ˆ Business

Yen resumes slide as Japan struggles to halt currency's decline

The Japanese yen has resumed its decline, erasing gains made after the U.S. Treasury intervened to support it. Growing concerns about Japan's fiscal spending trajectory are weighing on the currency. The persistent weakness is squeezing consumers and raising the cost of imports.

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