The yen had previously fallen to its lowest level in 40 years, partly due to higher US interest rates and rising oil prices
Trump confirms US help for Japan with weak yen
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Summary
The Japanese currency had previously slipped to its lowest level in 40 years – partly as a result of higher US interest rates and rising oil prices in the wake of the Iran war. On Sunday, the US President spoke to journalists on board Air Force One of a "sign of friendship": "They have a weakening yen and wanted a bit of support.".
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The Japanese currency had previously slipped to its lowest level in 40 years – partly as a result of higher US interest rates and rising oil prices in the wake of the Iran war.
according to DER SPIEGELOn Sunday, the US President spoke to journalists on board Air Force One of a "sign of friendship": "They have a weakening yen and wanted a bit of support."
according to DER SPIEGEL
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