TOKYO -- The yen weakened past 150 against the dollar on Thursday, reaching a new 32-year low as the policy gap widens between the Bank of Japan and the U.S. Federal Reserve.
Currencies
Yen falls past 150 per dollar, hitting new 32-year low
Fed's sustained hawkish monetary stance spurs dollar-buying
The policy divergence between the dovish Bank of Japan and the hawkish U.S. Federal Reserve is a primary driver of the dollar's recent strength and the yen weakness. (Photo by Tomoki Mera)
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