Yen hits weakest since December 1986 vs dollar

LONDON (Reuters) – The yen touched its weakest against the dollar since December 1986 on Wednesday, as selling pressure on the currency continued, despite repeated warnings from Japanese officials of possible intervention in the face of excessive volatility.

The dollar/yen pair rose by as much as 0.45% to 160.39.

(Reporting by Amanda Cooper editing by Alun John)