Yen dives to 156, fresh 34-year low after BOJ policy decision
TOKYO -- The Japanese currency fell sharply to 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government intervention.
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Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged
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Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback.
BOJ to discuss impact of yen's rapid slide at this week's policy meeting
TOKYO -- Policymakers at the Bank of Japan are expected to focus on the effects of a rapidly weakening yen on inflation at their two-day meeting starting Thursday as speculation swirls on the timing of the BOJ's next rate hike.
Yen's decline will inevitably affect confidence in Japan's economy
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Squeezed by strong dollar, BOJ watches yen ahead of policy meeting
WASHINGTON/TOKYO -- A yen sell-off and its effect on inflation loom large over the Bank of Japan less than a week before its first policy board meeting since ending its negative interest rates in March.
Japan's finance minister gives fresh warning on excessive yen moves
WASHINGTON — Japanese Finance Minister Shunichi Suzuki said on Friday (April 19) authorities would take appropriate action against excessive currency market moves, repeating his warning to investors against pushing down the yen too much.
Japan's March inflation slows; BOJ cautions on yen weakness
TOKYO -- Japan's inflation rate fell in March from the previous month, as price rises for nonperishable foods and accommodation moderated, data released on Friday by the Ministry of Internal Affairs and Communications showed.