The yen fell close to the 149 level against the U.S. dollar on Friday, hitting a 32-year low on expectations of a widening interest rate differential between Japan and the United States as the Federal Reserve is likely to continue raising interest rates to fight inflation.With the yen briefly sinking to 148.86 against the dollar in New York, Japan's top financial diplomat issued a verbal warning over the yen's rapid slide, saying Tokyo is "always ready to take decisive actions" if excessively volatile movements in the currency market are repeated.Masato Kanda, vice minister of finance for i…READ FULL ARTICLE
