organization · 3 records
Bank of Japan
Bank of Japan increases benchmark interest rate to 31-year high
The Bank of Japan raised its benchmark interest rate by 0.25 percentage points to 1.25%, marking a 31-year high.
1 outlet Markets read
US dollar declines against Japanese yen following coordinated market intervention
US President Donald Trump and Japan's Finance Minister confirmed coordinated market intervention that caused the US dollar to drop sharply against the Japanese yen.
2 outlets Markets read
Japanese yen reaches forty year low against US dollar
The Japanese yen fell to a 40-year low against the US dollar, surpassing the 163 mark per dollar for the first time since 1986, as geopolitical tensions, interest rate differentials, and Japan's fiscal outlook weighed on the currency.
1 outlet Markets read