Yen sell-off broadens with fresh lows against U.K. pound, Swiss franc

Japan currency weakens amid limited intervention impact outside of dollar

20240619N Yen Pound

The yen has weakened past the 200 mark against the pound to a roughly 16-year low. (Photo by Akitoshi Sugiura)

MIKI KAMIYAMA and GENKI IKUTA, Nikkei staff writers

TOKYO -- Currency interventions by Japanese authorities appear to be having little effect on the yen's weakness against non-U.S. currencies, as carry trades drive the yen to historic lows against the Swiss franc, British pound and more.

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