TOKYO -- The yen surged to 154 to the U.S. dollar on Monday after falling past the 160 mark, triggering speculation the Japanese government and central bank had intervened in the market to support the nation's currency.
Inflation
Weak yen stokes Japanese concern over strong rise in import prices
Higher costs could hit 'most vulnerable,' says top currency diplomat
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Japan is aiming to push up real wages to eliminate the deflationary mindset from its economy. (Photo by Mayumi Tsumita)
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