Tag - yen

 
 

YEN

BUSINESS
Jun 15, 2022
Weak yen and hawkish Fed put BOJ chief in tough spot
While the consensus view is that the central bank will stick with all its main policy settings this week, Kuroda risks accelerating a slide in the yen.
Japan Times
BUSINESS / Markets
Jun 14, 2022
BOJ ramps up bond buying to defend yield cap, undermining statements
The BOJ expanded bond buying on Tuesday, and offered to increase a round of purchases across the curve on Wednesday.
BUSINESS
Jun 13, 2022
Yen tumbles to lowest since 1998, sparking Kuroda warning
The yen has tumbled almost 15% this year, making it the worst-performing major currency.
BUSINESS
Jun 10, 2022
Japan closer to intervention on yen after government and central bank joint statement
'We have seen sharp yen declines and are concerned about recent currency market moves,' the Finance Ministry, BOJ and the Financial Services Agency said in a joint statement.
BUSINESS / Economy
Jun 9, 2022
Yen a whisker away from hitting 2002 low of ¥135.15 to the dollar
The relentless climb in oil prices is also weighing on the yen because of Japan's position as an energy importer.
Japan Times
BUSINESS / Economy
Jun 9, 2022
BOJ’s rock-bottom rates are crucial for Kishida’s spending plans
The prime minister has signed off on changes to an annual fiscal policy plan that loosen rather than tighten the corset constraining the nation's spending plans.
BUSINESS
Jun 8, 2022
Tumbling yen spells inflation opportunity for Bank of Japan
The cost-push inflation the weaker yen is amplifying likely offers Japan its best chance to secure stable inflation in years.
Japan Times
BUSINESS / Economy
Jun 7, 2022
Japan's household spending falls as rising costs squeeze consumers
Spending improved from the previous month as households showed increasing appetite for services such as eating out, but the month-on-month rise was smaller than expected.
Japan Times
JAPAN / Regional Voices: Okinawa
May 30, 2022
How ¥54 billion in cash was taken to Okinawa ahead of reversion
The operation took two days — moving 80 containers on May 2 and another 81 containers the following day — to move all the cash to the Bank of Japan's Naha vault.
BUSINESS
May 27, 2022
Helped by weak yen, Japan remains top creditor nation with record net external assets
A weak yen — it lost about 11% against the dollar last year — boosted the value of foreign assets held by the Japanese government, businesses and individuals.
Japan Times
BUSINESS
May 27, 2022
Tokyo inflation’s failure to gain speed aids BOJ’s stance
Consumer prices excluding fresh food climbed 1.9% in May from a year before as the impact of accelerating processed food prices was canceled out by smaller gains in energy costs.
Japan Times
BUSINESS
May 20, 2022
Japan's 'Mr. Yen' says currency may weaken to ¥150 level last seen in 1990
The former official said the contrast between a hawkish Federal Reserve and the Bank of Japan's loose monetary policy remains the single biggest driver of the yen's weakness.
Japan Times
BUSINESS
May 20, 2022
Japan, guarding against weaker yen, urges G7 to reaffirm forex agreement
The yen's recent declines to two-decade lows have been a source of concern for Japanese policymakers, as they inflate the already rising cost of fuel and raw material imports.
Japan Times
BUSINESS / Economy / ANALYSIS
May 19, 2022
BOJ's dovish isolation draws public heat ahead of leadership change
Opposition lawmakers are grilling the BOJ regularly for allowing the currency to weaken and push up living costs, putting Prime Minister Fumio Kishida in a tight spot.
Japan Times
BUSINESS / Economy
May 19, 2022
Japan Inc. turns against BOJ's monetary stimulus, survey shows
This year's rapid slide in the yen to a two-decade low has jacked up prices of fuel and raw materials imports, lifting corporate costs.

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