CurrenciesYen surges against dollar, but weakness concerns remain
Finance minister declines comment on currency's level or suspected intervention earlier
The yen strengthened to the 151 level against the dollar, the highest since April 10. © Kyodo
Nikkei staff writers
May 3, 2024 22:22 JST
Updated on May 4, 2024 02:40 JST
TOKYO -- The yen briefly strengthened to the 151 level against the dollar early Friday in New York trading, a more than three-week high, but the short-lived spike did little to allay worries about the Japanese currency's persistent weakness even amid suspected intervention.