Explainer-Japan Hiked Interest Rates Why Is the Yen Falling? usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
A week ago Japan raised interest rates for the first time since 2007 in a move that marked a historic shift in monetary policy. Now Japanese officials are talking of official intervention to prop it up. It traded at 151.86 per dollar on Friday, its weakest this year and within a whisker of levels that drew intervention in 2022.
A week ago Japan raised
interest rates for the first time since 2007 in a move that
marked a historic shift in monetary policy. Yet the currency fell. Now Japanese officials are talking.
INSTANT VIEW-Japan s Nikkei hits record high devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.