Yonhap Infomax NewsDollar-yen exchange rate approaches 160 yen threshold in Tokyo trading, prompting intervention warnings from Japanese Finance Minister Katayama as Middle East tensions and rising oil prices fuel safe-haven dollar demand while India's rupee hits record low amid soaring crude prices.
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[Tokyo Foreign Exchange Market]Dollar-Yen Nears 160 Mark as Markets Watch for Intervention
Dollar-yen exchange rate approaches 160 yen threshold in Tokyo trading, prompting intervention warnings from Japanese Finance Minister Katayama as Middle East tensions and rising oil prices fuel safe-haven dollar demand while India's rupee hits record low amid soaring crude prices.