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Yen's Slump to Past 160 Is Function of Fundamentals, BofA Says
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April 29, 2024
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4:56Now PlayingClaudio Piron, co-head of Asia foreign exchange and rates strategy at BofA Securities, says the weakness in the Japanese yen, which dropped as much as 1.2% to 160.17 per dollar on Monday before the move pared, says is "a function of fundamentals in a certain sense." He speaks on "Bloomberg Markets: Asia."
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