Bank of Japan

June 25, 2024
BOJ Intervention Likely as Yen Pressure Eyed by Investors premium
The fall in the Japanese yen, being closely monitored by the Bank of Japan (BoJ) has recently neared critical thresholds against the US dollar. Consequently carrying far-reaching repercussions for Japan and wider Asian and emerging markets. When writing, the yen was trading at 159.44 per US Dollar on Tuesday, edging closer to the psychologically significant 160.00 mark. This rapid decline has led Japanese officials to issue familiar cautions about "excessive" volatility, Read More

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