TOKYO -- The yen fell past 160 against the dollar for the first time since late April when the government and the Bank of Japan began to support the currency, stoking expectations of more intervention.
Currencies
Yen slides under 160 to lowest level since 1986; Japan stocks fall
Drop stokes expectations for government and BOJ to step in again
"We will firmly respond to moves that are too rapid or driven by speculators," Japan's top currency diplomat, Masato Kanda, said on June 24. (Photo by Suzu Takahashi)
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