TOKYO -- The yen dropped to its lowest level in 34 years early Wednesday, trading near 152 to the dollar about a week after the Bank of Japan ended its negative interest rate policy.
Currencies
Japanese yen drops to lowest in 34 years despite BOJ rate hike
Rapid depreciation of currency raises chances of government intervention
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Japanese Finance Minister Shunichi Suzuki warned Wednesday that he would not rule out any measures and would take "decisive steps." (Photo by Jo Miyaguchi)
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