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Yen’s Structural Weakness Continues Despite Massive Interventions and Rate Hike
Japanese authorities have implemented significant measures to stabilize the yen, including $72.8 billion in foreign reserves and a historic rate hike by the Bank of Japan, yet the currency remains stubbornly near 160 against the dollar.

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- Japanese authorities have deployed significant resources to stabilize the yen.
- Despite these efforts, the currency remains near 160 against the dollar.
- Structural issues are believed to be at play despite recent interventions and policy changes.
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