Japan confirms $36.8 billion yen intervention as BOJ hikes rates
Jul 31, 2024 · The yen has been combating sustained pressure since the BOJ ended its monetary policy of negative interest rates in March. Japanese authorities spent 5.53 trillion yen, or $36.8 …
Japan's rising wholesale inflation heightens uncertainty on BOJ's …
5 hours ago · The BOJ ended negative interest rates in March and raised short-term interest rates to 0.25% in July on the view Japan was making progress towards sustainably achieving its 2% …
Yen surges on suspected intervention, 160 seen as key level
May 1, 2024 · The yen surged against the dollar in early Asian hours on Thursday on what traders suspected was another round of intervention by Japanese authorities to stop a sharp slide in …
Bank of Japan made hawkish tilt, debated inflation risk in June ...
TOKYO, Aug 5 (Reuters) - At least two of the Bank of Japan's nine board members called for an early interest rate increase at a policy meeting in June, minutes showed on Monday, …
Japanese government spent $35bn to prop up yen, BoJ figures …
Apr 30, 2024 · Japanese government spent $35bn to prop up yen, BoJ figures suggest. Central bank data all but confirms Monday’s market intervention, as currency resumes slide against …
Bank of Japan raises its key interest rate, aiming to curb yen's slide ...
Jul 31, 2024 · TOKYO (AP) — The Bank of Japan raised its key interest rate Wednesday to about 0.25% from a range of zero to about 0.1%, acting to curb the yen’s slide against the U.S. …
Japan conducted 5.5 tril. yen currency intervention in July
4 days ago · Japan's Finance Ministry says it intervened in the currency market in July to support the yen. The action conducted with the Bank of Japan amounted to 5.5 trillion yen, or about 36 …
BOJ Live News: Japan Ends World's Last Negative Rates, First Hike …
Mar 19, 2024 · The Bank of Japan abandoned its negative interest rate policy and raised rates for the first time since 2007, signaling confidence in the economy. Follow the latest updates from …
Yen Approaches Intervention Point as BOJ Meeting Starts
Apr 25, 2024 · Yen Approaches Intervention Point as BOJ Meeting Starts. Drop in yen to 157.60 may meet Kanda’s ‘unusual’ move criteria; Intervention ‘very likely’ if yen drops by 1-2 yen: …
Yen Weakens Beyond 155 Per Dollar as BOJ Starts Two-Day Meeting
Jul 30, 2024 · The Asian nation’s currency fell as much as 0.8% to 155.22 as traders weigh the risk of the BOJ adding a rate hike to an expected reduction in bond purchases.