• 11/25/2024

Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade

Wall Street Journal

The Japanese yen hit its weakest level against the dollar in 34 years on waning expectations that the Bank of Japan would raise interest rates further, after it dropped its negative interest rate policy last week.

https://www.wsj.com/articles/yen-hits-34-year-low-as-hopes-for-boj-rate-increases-fade-d3d0da2d