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USD/INR) 26. IRR, Iranian Rial (currency pair USD/IRR) 27. JPY, Yen (currency pair USD/JPY) 28. KGS, Som (currency pair USD/KGS) 29.

Som • Somoni • Swedish Krona • Swiss Franc • Taka • Tenge • Tugrik • Turkish Lira • Turkmenistan New Manat • UAE Dirham • US Dollar • Uzbekistan Sum • Won • Yen • Yuan Renminbi • Zloty

0.5 -0.7 1.4 12.0 9.9 AEs* Japanese yen 156.19 1.4 6.2 9.5 -0.7 3.1

policy normalisation was apparently an essential factor causing the depreciation of the yen in 2022–2024 and forced Japan’s Ministry of Finance to conduct

EUR/USD rate fell to its lowest level since August, while the YEN/USD rate dropped to its minimum since February. In October, EMEs’ currencies

0.4 -0.5 8.7 13.3 5.1 AEs* Japanese yen 147.94 0.6 2.7 -1.1 -6.0 4.0

2.4 2.8 12.6 12.8 5.1 AEs* Japanese yen 147.04 -2.5 2.0 -2.3 -6.6 1.7

may not withdraw cash in US dollars, euros, British pounds, or Japanese yen until 9 March 2026. Other foreign currencies are not subject to any

won Australian dollar Ukrainian hryvnia Indian rupee Chinese yuan Armenian dram Japanese yen South African rand Belarusian ruble Russian ruble Turkish lira -40.0 -35.

3.2 0.8 9.7 10.2 5.5 AEs* Japanese yen 150.77 4.7 5.4 -2.3 -4.2 -1.3