Yen weakens to 160 against USD, matching ’90 levels: Monitor developments

In today’s developments, the Japanese currency, yen, has experienced significant weakness against its American counterpart, with one U.S. Dollar now exchanging hands at a value of 160 yen during morning trade sessions in Asia, which represents a revisiting level unobserved since the year 1990. This article serves as an announcement to stay tuned for any further updates that may emerge on this noteworthy development.