The yen continued its slide on Wednesday, falling to 135.60 yen against the dollar in morning trading, its weakest level in about 24 years.
The depreciation is the result of a widening interest rate gap with the United States, which has been raising interest rates to quell record-high inflation, while Japan has continued to implement a low-interest rate policy out of concern for an economy blighted by stagnant wages and sluggish consumption.
