Yen Slides to Weakest Since July 2024 as Iran War Escalates
Corroborated by 3 sources from 3 publishers
TL;DR
Reports differ across sources; according to bloomberg.com, the dollar ended a volatile week at its highest level this year, underscoring renewed appetite for the greenback as a haven amid the escalating conflict with Iran and surging energy prices.
Sources
1
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-03-13/yen-slides-to-weakest-since-july-2024-as-iran-war-escalates
2
Bloomberg
https://www.bloomberg.com/news/articles/2026-03-13/yen-slides-to-weakest-since-july-2024-as-iran-war-escalates
3
Investinglive.com
https://investinglive.com/centralbank/japan-warns-ready-to-take-decisive-action-on-fx-ramps-up-verbal-intervention-on-yen-20260316
4
Yahoo Finance News
https://finance.yahoo.com/news/yens-safe-haven-aura-fading-063032436.html