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Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

HotTV

HotTV

HotTV

Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

2026-06-20 11:58 Last Updated At:06-21 15:32

The Japanese yen continued its weakening trend, breaching the 161 level against the U.S. dollar on Thursday, marking the lowest point since July 2024.

The currency remained under pressure on Friday, hovering around the 160–161 mark.

Japanese Finance Minister Satsuki Katayama said on Friday that authorities are ready to take decisive action if excessive speculative moves are detected in the foreign exchange market.

The yen has repeatedly tested the 160 level in recent weeks. Despite interventions by the Japanese government and the Bank of Japan, many market participants believe the yen's medium- to long-term depreciation trend is difficult to be reversed.

Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

Japanese yen slides past 161 against US Dollar, hitting weakest level since July 2024

The United States has offered rewards of up to 10 million U.S. dollars for information on top Iranian military commanders, as Washington intensifies pressure on Tehran.

According to a statement on the U.S. State Department's website released on Monday, the bounty targets five individuals, including Ahmad Vahidi, commander-in-chief of the Islamic Revolutionary Guard Corps (IRGC), and Ali Abdollahi, commander of Khatam-al Anbiya Central Headquarters, Iran's top operational and joint military command headquarters.

The latest U.S. reward list now includes 14 figures.

In March, the U.S. offered a bounty for information on Iran's Supreme Leader Mojtaba Khamenei and other senior Iranian political and military officials.

Chief Commander of the Iranian Army Amir Hatami announced in mid-August that any Iranian who captures or kills a U.S. "aggressor" would receive a 30,000-U.S.-dollar reward from the "Iranian people."

US offers millions reward for info on Iranian commanders

US offers millions reward for info on Iranian commanders

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