TOKYO -- The Japanese yen sank to the lower 147 range against the dollar on Thursday, its lowest point in a month, after Prime Minister Shigeru Ishiba's comments that the country is not ready for more interest rate increases.
Currencies
Yen falls to 1-month low on PM Ishiba's dovish remarks; stocks jump
Ishiba expected to be soft on monetary policy, at least until general election
Japanese Prime Minister Shigeru Ishiba's dovish remarks over the country's monetary policy sent the yen to the lower 147-range against the dollar. (Photo by Yuji Murakami)
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