The yen tumbled about 2% against the dollar Wednesday, its worst day since June 2022, after Shigeru Ishiba said the economy isn’t ready for another hike. The currency fluctuated near 146.50 per dollar Thursday, near its weakest level in a month.
These stocks belong to different sectors such as telecom, information technology, banking, and finance.
Overall, in the banking sector, there could be a trading play as liquidity may improve post RBI policies in 2025, maybe interest rate cut.
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