Reuters revealed that the yen may be near 24-year lows, but Japan’s central bank is not even close to trying to support it with higher interest rates. The government — especially the Ministry of Finance — has repeatedly and strongly expressed dissatisfaction with this year’s falls in the yen, which on Sept. 7 dropped as far as 144.990 per dollar, down 30% since the end of 2021.
The post Reuters reveals BOJ is nowhere near shifting monetary policy to support yen appeared first on Reuters News Agency.
Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission. The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers. By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.