The Japanese yen drops to its lowest point since 1986

Financial concept about The Japanese Yen weakness (Shutterstock)

ALBAWABA - With regard to the US dollar, the Japanese yen has dropped to its lowest point since 1986, warning speculators that government intervention in support of the faltering currency may once again be necessary, as reported by Financial Times.

The yen slid 0.6% vs the dollar on Wednesday to ¥160.65, surpassing the level it hit in late April prior to Japan's finance ministry spending a record ¥9.8 trillion ($62 billion) to strengthen the currency.