The yen hovered near a record low against the euro and hit a nine-month low against the dollar on Thursday after Japanese Prime Minister Sanae Takaichi said she wants the central bank to be cautious about raising interest rates.
Yen Weakens Amid Japanese PM's Rate Hike Caution
The yen fell to record lows versus the euro and a nine-month trough against the dollar, following Japanese PM Sanae Takaichi's call for a cautious approach to interest rate hikes.