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Japan is to allocate €1.25 billion to support Japanese investors in Ukraine. The relevant documents were signed during the Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction in Tokyo. ....
Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects of higher-for-longer U.S. interest rates while the Bank of Japan remains wedded to its super low interest rate policy. The Japanese yen hit a fresh one-year low of 150.50 per dollar, and was not far off the three-decade low of 151.94 it touched in October last year that led to Japanese authorities intervening in the currency market. Japan bought yen in September of last year, its first foray in the market to boost its currency since 1998, after a Bank of Japan (BOJ) decision to maintain its ultra-loose monetary policy drove the yen as low as 145 per dollar. ....
Japanese authorities are facing renewed pressure to combat a continued yen fall driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks tighten monetary policy to curb inflation. Aside from verbal intervention, Japan's government has several options to stem what it considers excessive yen falls. Among them is to intervene directly in the currency market, buying large amounts of yen, usually selling dollars for the Japanese currency. ....
Growth of Japanese consumption goods in local market among top 10 in region english.vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.vov.vn Daily Mail and Mail on Sunday newspapers.