TOKYO -- Investors were on alert for Japanese action to support the yen after it approached levels that prompted the government and the Bank of Japan to intervene in the currency markets last September for the first time in about 24 years.
Currencies
Market wary of Japanese government intervention as yen slides
Currency hovering around last year's low when officials stepped in
The persistent weakening of the Japanese yen is attributed to the huge gap in interest rates between Japan and the U.S. © Kyodo
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