Japanese Yen Hits Lowest Level Since 1986

Japanese authorities, including Finance Minister Shunichi Suzuki, express deep concern over the yen's decline to 38-year lows against the dollar and state intentions to take necessary actions to stabilize currency movements. The yen's weakening is seen as a factor influencing prices, with attention on maintaining confidence in the Japanese currency. Market observers are closely monitoring the yen's movements, questioning whether further depreciation might prompt intervention from Tokyo amid a gradual testing of limits by buyers in the forex market.