Yen briefly drops past 160 level vs USD in volatile trading

STORY: Yen briefly drops past 160 level vs USD in volatile trading SHOOTING TIME: Archives DATELINE: April 30, 2024 LENGTH: 00:01:30 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: The Japanese yen briefly dropped to a new 34-year low in the 160 level against the U.S. dollar on foreign exchange markets on Monday morning. It marked the first time since April 1990 that the U.S. dollar has topped the 160 yen line. Monday is a national holiday in Japan, but trading remained very volatile as the Japanese currency began reversing its trajectory in the afternoon, strengthening to the 155 level. Some market participants suspected that Japanese authorities may have stepped into the currency market to stem the yen's dive. A senior Finance Ministry official declined to comment on the yen's sharp rise, Kyodo News reported on Monday. The Japanese currency also fell to around 171 against the euro at one stage, its lowest level since euro was introduced in 1999. Xinhua News

Yen sinks to 158 range vs. dollar

Yen sinks to 158 range vs. dollar

A screen in Tokyo on April 27, 2024, shows the yen weakening to the 158 range against the U.S. dollar, hitting a fresh 34-year low.

Bank of Japan keeps interest rate unchanged, yen sinks below 156

STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

Yen drops to 156 range vs. U.S. dollar

Yen drops to 156 range vs. U.S. dollar

Financial data screens at a foreign exchange trading company in Tokyo on April 26, 2024, show the yen weakening to the 156 range against the U.S. dollar to hit a fresh 34-year low.

Yen drops to 156 range vs. U.S. dollar

Yen drops to 156 range vs. U.S. dollar

A financial data screen at a foreign exchange trading company in Tokyo on April 26, 2024, shows the yen weakening to the 156 range against the U.S. dollar to hit a fresh 34-year low.

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240425) -- TOKYO, April 25, 2024 (Xinhua) -- An electronic screen shows the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, April 25, 2024. The continuing depreciation of the Japanese yen has sparked wide concerns as the currency on Monday hit a 34-year low of 154.85 against the U.S. dollar, close to the sensitive threshold of 155. TO GO WITH "Explainer: Where Japanese yen to go after hitting 34-year low" (Xinhua/Zhang Xiaoyu)

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240425) -- TOKYO, April 25, 2024 (Xinhua) -- An electronic screen shows the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, April 25, 2024. The continuing depreciation of the Japanese yen has sparked wide concerns as the currency on Monday hit a 34-year low of 154.85 against the U.S. dollar, close to the sensitive threshold of 155. TO GO WITH "Explainer: Where Japanese yen to go after hitting 34-year low" (Xinhua/Zhang Xiaoyu)

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240425) -- TOKYO, April 25, 2024 (Xinhua) -- An electronic screen shows the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, April 25, 2024. The continuing depreciation of the Japanese yen has sparked wide concerns as the currency on Monday hit a 34-year low of 154.85 against the U.S. dollar, close to the sensitive threshold of 155. TO GO WITH "Explainer: Where Japanese yen to go after hitting 34-year low" (Xinhua/Zhang Xiaoyu)

Yen drops to 155 range vs. U.S. dollar

Yen drops to 155 range vs. U.S. dollar

Screens at a foreign exchange trading company in Tokyo on April 24, 2024, show the yen weakening to the 155 range against the U.S. dollar, hitting a fresh 34-year low.

Yen drops to 155 range vs. U.S. dollar

Yen drops to 155 range vs. U.S. dollar

Screens at a foreign exchange trading company in Tokyo on April 24, 2024, show the yen weakening to the 155 range against the U.S. dollar, hitting a fresh 34-year low.

[Breaking News]Yen hits 34-year low vs dollar

TOKYO,Japan, March 27 Kyodo - A monitor screen in Tokyo shows on March 27, 2024, the Japanese yen trading at a 34-year low in the upper 151 zone against the U.S. dollar.(Kyodo)

Yen hits 34-year low vs dollar

Yen hits 34-year low vs dollar

A monitor screen in Tokyo shows on March 27, 2024, the Japanese yen trading at a 34-year low in the upper 151 zone against the U.S. dollar.

Yen hits 34-year low vs dollar

Yen hits 34-year low vs dollar

A monitor screen in Tokyo shows on March 27, 2024, the Japanese yen trading at a 34-year low in the upper 151 zone against the U.S. dollar.

Myanmar's handmade lantern market sees low demand amid commodity price hike

STORY: Myanmar's handmade lantern market sees low demand amid commodity price hike DATELINE: Oct. 9, 2022 LENGTH: 00:03:24 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of children playing with toy lanterns 2. various of a lantern making workshop 3. various of local handmade lantern market in Yangon 4. various of customers at the lantern market STORYLINE: With Myanmar's lighting festival around the corner, lantern makers in Yangon are seeing low demand for their products compared to previous years. "The sales of decorative lanterns decreased this season," said Nyein Chan, who has been making and selling lanterns during the annual season since he was a child, referring to the lighting festival which falls in mid-October. While waiting for customers at his shop at Yangon's Kyimyindaing lantern market, the 34-year-old lantern maker said that his colorful handmade products have attracted passers-by as the festival is drawing near. However, this year's sales declined due to higher