![[News] Intel Reportedly Collaborates with 14 Japanese Companies to Develop Semiconductor Backend Process Technology](https://mochipop.net/wp-content/uploads/2024/01/11142447/Intel-Oregon-Moore-Park-at-RA-1.jpg.rendition.intel_.web_.1648.927-624x351.jpg)
By Gertrude Chavez-Dreyfuss and also Herbert Lash
NEW YORK CITY (Reuters) – The yen jumped versus the dollar on Tuesday after the greeenback climbed over a key 150 level, for the very first time considering that October 2022, leading market individuals to presume that there might have been treatment by Japanese financial authorities to maintain the yen from dropping better.
Japanese Finance Minister Shunichi Suzuki claimed on Tuesday authorities were viewing the money market carefully and also stood all set to react, yet likewise claimed any kind of choice on money market treatment would certainly be based upon volatility, general yen degrees.
An elderly Japanese ministry of money authorities decreased to talk about whether Japan had actually interfered in forex markets. The New York Federal Reserve did not react to ask for remark.
The dollar dropped as reduced as 147.30 yen versus the Japanese money, after striking a.
