Japanese yen forecast to weaken to 1990 levels

Japanese yen forecast to weaken to 1990 levels

A clerk sorts US$100 banknotes and 10,000 yen Japanese banknotes at the headquarters of Hana Bank in Seoul on Aug. 29, 2023. Bloomberg carried a report that Goldman Sachs Group Inc. has forecast the Japanese yen will reach 155 per dollar over the next six months, weakening to levels last seen more than 30 years ago if the Bank of Japan sticks to its dovish stance. (Yonhap)

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