Yen briefly rallies against the dollar as Japanese authorities intervene to prop up currency after hitting 32-year low
October 21, 2022 at 13:07 PM EDT
The Japanese yen suddenly rallied against the U.S. dollar on Friday amid reports and widespread speculation that Japan's Ministry of Finance and Bank of Japan had intervened to prop up the yen after the currency tumbled to a fresh 32-year low against the greenback.
