Bank of Japan raises its key interest rate, aiming to curb yen's …
WEBJul 31, 2024 · The Bank of Japan has raised its key interest rate to 0.25% from a range of zero to about 0.1%, acting to curb the yen's slide against the U.S. dollar.
Japan top currency diplomat says watching for yen carry trades: …
WEB6 hours ago · Japan's top currency diplomat Atsushi Mimura said authorities are "always watching markets" as a renewed build-up of yen carry trades could heighten market volatility, according to public ...
Japan confirms $36.8 billion yen intervention as BOJ hikes rates
WEBJul 31, 2024 · Key Points. Japanese authorities spent 5.53 trillion yen, or $36.8 billion, to shore up the yen in July, official data published Wednesday showed. The amount was roughly in line with...
Japan steps up yen warnings, data suggest intervention
WEBJul 11, 2024 · Bank of Japan (BOJ) data released later on Friday suggested Japan may have spent up to 3.57 trillion yen ($22.4 billion) intervening in the foreign exchange market to prop up the sagging...
Japan authorities on high alert against rapid yen decline, says top ...
WEBTOKYO, June 26 (Reuters) - Japanese authorities were "seriously concerned and on high alert" about the yen's rapid decline, said the country's top currency diplomat Masato Kanda, escalating...
Yen leads gains versus dollar as traders weigh BOJ and U.S. debate
WEBSep 11, 2024. The yen led currencies higher versus the dollar, reaching its strongest level since the start of the year as investors reacted to comments from a Bank of Japan board member and to...
Japan's yen falls to its weakest since 1990 against the dollar - AP News
WEBApr 29, 2024 · The yen has been so weak that it’s back to where it was in 1990, shortly after Japan’s famous “bubble economy” burst. After it briefly touched the 160 yen level in overnight hours for traders in New York, the value of a dollar quickly shifted back to 156 yen by midday Monday on the East Coast.
Yen Strengthens Beyond 140 Per Dollar for First Time Since 2023
WEB5 days ago · The yenadvanced past the key psychological level of 140 against the dollar as the Japanese currency extended its rally from the weakest point in nearly 38 years in July. It appreciated as much as ...
Yen rebound signals Japanese government intervention, traders say
WEBApr 29, 2024 · The yen strengthened sharply against the dollar on Monday, rebounding from a 34-year low reached a few hours earlier in a move that traders said bore all the signs of an intervention by the ...
Yen sinks to 34-year low after Bank of Japan holds interest rates …
WEBApr 26, 2024 · The yen tumbled to a fresh 34-year low on Friday after the Bank of Japan kept interest rates on hold and offered no indication it was in a hurry to arrest the currency’s slide with higher...
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