Published 17 days ago

Japan's yen hits fresh 34-year low after BOJ holds interest rates

Summary by The Korea Times

The yen hit its weakest level in three decades against the U.S. dollar after the Bank of Japan left interest rates on hold on Friday, leaving traders on edge about the risk of official intervention.

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The Korea Times

Japan's yen hits fresh 34-year low after BOJ holds interest rates

The yen hit its weakest level in three decades against the U.S. dollar after the Bank of Japan left interest rates on hold on Friday, leaving traders on edge about the risk of official intervention.

17 days ago·Korea, Republic of

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Nikkei

Yen dives to 156, fresh 34-year low after BOJ policy decision

TOKYO -- The Japanese currency fell sharply to 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening thre

17 days ago·Japan

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ARY News

Japan's yen hits new 34-year low; US dollar rises

The US Dollar (USD) soared to a fresh 34-year high against the yen on Friday, bolstered in part by US inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest rates to later this year. The yen’s 34-year trough vs the dollar came after the Bank of Japan kept interest rates steady although it flagged future rate hikes. With the yen at multi-dec…

16 days ago·Pakistan

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Blue Water Healthy Living

Japan’s yen hits fresh 34-year low after BOJ holds interest rates

By Tom Westbrook SINGAPORE (Reuters) – The yen hit its weakest level in three decades against the U.S. dollar after the Bank of Japan left interest rates on hold on Friday, leaving traders on edge about the risk of official intervention. The yen was 0.3% weaker at 156.1 per dollar shortly after the BOJ’s announcement, its weakest since 1990. The yen also nudged down to its weakest almost 16 years at 167.38 per euro and its weakest in nearly a de…

17 days ago·Port Huron, United States

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moderntokyotimes.com

Japan Yen Hits 156 to Dollar (34-Year Low) – Modern Tokyo Times

Japan Yen Hits 156 to Dollar (34-Year Low) Kanako Mita and Michiyo Tanabe Modern Tokyo Times The yen fell to 156 against the dollar. Hence, a 34-year low was reached against the American dollar in Japan. This signals continuing weakness within the Japanese economy. Speculation emerged that the Bank of Japan (BOJ) would reduce its bond purchases. However, this didn’t materialize. On the contrary, the BOJ was dovish. Reuters reports, “The yen h…

17 days ago

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Japan's yen hits fresh 34-year low after BOJ holds interest rates

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Japan's yen hits fresh 34-year low after BOJ holds interest rates

Japan's yen hits fresh 34-year low after BOJ holds interest rates

Yen dives to 156, fresh 34-year low after BOJ policy decision

Yen dives to 156, fresh 34-year low after BOJ policy decision

Japan's yen hits new 34-year low; US dollar rises

Japan's yen hits new 34-year low; US dollar rises

Japan’s yen hits fresh 34-year low after BOJ holds interest rates

Japan’s yen hits fresh 34-year low after BOJ holds interest rates

Japan Yen Hits 156 to Dollar (34-Year Low) – Modern Tokyo Times

Japan Yen Hits 156 to Dollar (34-Year Low) – Modern Tokyo Times

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