Bank of Japan raises interest rates to 31-year high, signals more hikes ahead
The BOJ raised its policy rate to 1.25% from 1% by a 7-2 vote, with dovish board members Toichiro Asada and Ayano Sato dissenting to the move...
Tag : Yen
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...
Japan likely spent USD 35 billion to save yen: BOJ report
According to Atsushi Mimura, Tokyo's top currency diplomat, the BoJ faces zero constraints when intervening in currency markets...
Japan, South Korea share volatile currency concerns as Yen faces stern test
The yen touched its lowest in 20 months on 13th March, nearing the line of 160.00 to the dollar that the market analysts think might prompt Tokyo to intervene to support the currency...
Why is Yen turning heads now?
Yen's recent movements have been heavily influenced by geopolitical events like the Russia-Ukraine war and tensions in the Asia-Pacific region...
Bank of Japan raises interest rates to highest in 17 years, yen jumps
At its two-day meeting that ended, the Bank of Japan increased its short-term policy rate from 0.25% to 0.5%...
Through USD 2.4 billion package, Japan eyes breaking China’s EV battery monopoly
Japan has been seen as one of the biggest laggards as the industry shifts to all-electric...
Yen spikes as spectre of Japan government intervention spooks investors
The yen made significant gains and continued to rise by 0.5% to reach 155 points per dollar...
Here is what BOJ has to say on Yen’s impact on Japan economy
The BOJ has been deeply involved in the bond market up till very recently and our presence remains very large...
Understanding currency fluctuations
One notable instance of the chaos sparked by unfavourable currency fluctuations is the ‘Asian Financial Crisis’ that commenced in the summer of 1997 due to the devaluation of the Thai baht...