The Japanese yen fell to its lowest level in eight months against the dollar as the US dollar rose after US economic data showed a slight decline in inflation and consumer spending.
The yen fell 0.35% to 144.82, losing 9% of its value against the US dollar in the first six months of the year.
The yen flattened at 158.08 against the euro, just below its 15-year low of 158, which it touched last week.
Japan bought the yen in September in its first market foray to boost its currency since 1998 after the Bank of Japan’s decision to maintain a very loose policy drove the yen down to 145 per dollar.
Japan’s central bank intervened again in October after the yen fell to a 32-year low.
