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'Mr. Yen' says the currency could plunge further — and 170 per dollar is 'well on the scope'

Por: CNBC Business October 26, 2022

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A dealer reacts in the trading room at foreign exchange brokerage Gaitame.Com Co. in Tokyo on Oct. 21, 2022. The yen's slump past the symbolic mark of 150 per dollar is keeping traders guessing when Japanese authorities will intervene to halt a further decline.Toru Hanai Bloomberg Getty ImagesThe Japanese currency could weaken even further to 170 levels against the U.S. dollar next year, according to Japan's former vice minister of... + full article



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