The Japanese yen is weakening again, prompting another billion-dollar intervention

The Japanese yen is weakening again, prompting another billion-dollar intervention.

The Japanese yen has been falling back towards the levels that last forced policymakers to intervene to maintain the currency.

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This time, Chew added, the government might step in if the yen crosses the 145 mark against the dollar.

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On June 15 and 16, the Bank of Japan will meet to discuss monetary policy.

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