Aiko TanakaFinance
Japanese Yen Drops to 156 Against Dollar Following Hawkish Federal Reserve Rate Hike
The US Dollar Index pushed past 100 as Asian currencies slid following monetary tightening in Washington.
Tag
japanese yen
Every story tagged japanese yen on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged japanese yen
3 stories in this topic
Wei ZhangFinance
Bank of Japan Expected to Raise Rates to 1.25 Percent on September 18
Economists forecast Japanese benchmark borrowing costs will reach 1.75 percent by mid-2027 as joint currency intervention eases political hurdles for monetary tightening.
Wei ZhangFinance
Yen Traders Brace for Silver Week Intervention as BOJ Decision Looms
Japan spent a record $96.4 billion over the past month defending the yen ahead of the Bank of Japan’s policy decision on September 18.