Yen slumps as BOJ keeps policy ultra-loose, dollar set for 10th weekly rise

Yen slumps as BOJ keeps policy ultra-loose, dollar set for 10th weekly rise

Upworthy

Published

LONDON/SINGAPORE (Reuters) - The yen fell sharply on Friday after the Bank of Japan (BOJ) kept interest rates in negative territory just days after the Federal Reserve signalled U.S. borrowing costs would stay high, piling pressure on the Japanese currency and raising the risk of intervention.…

#bankofjapan #boj #federalreserve #01 #kazuoueda #alvintan #asiafx #rbccapitalmarkets #speculation #tokyo

Full Article