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The Japanese yen fell today against the dollar, hitting its lowest level in 20 years.
Reuters reported that the massive selling raised by the Bank of Japan led to the dollar's rise against the yen to 131 yen, the highest level since 2002, after the Bank of Japan maintained its commitment to the very loose monetary policy.
Other Asian currencies were also pressured, with the dollar reaching 6.6562 yuan against the Chinese yuan offshore trading, the highest level since November 2020.
The euro also fell to its lowest level in more than five years at $ 1,0481, which raised its losses during the month to five percent, its worst decline since early 2015.
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