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Japanese Yen drops to its lowest level since 1990

Japan's Yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly. With the currency hitting a 34-year-low, Japanese authorities are now likely to intervene in the forex market. The dollar reached 151.975 yen, its strongest against the yen since mid-1990, before easing 0.13% to end at 151.36.

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