Japanese yen: How the currency’s record slump is squeezing the Japanese …
WEBMay 3, 2024 · A weaker yen has enhanced Japan’s export competitiveness, boosting corporate profits and economic growth. It also helps make Japan a cheaper destination for travelers.
Japan confirms $36.8 billion yen intervention as BOJ hikes rates
WEBJul 31, 2024 · Japanese authorities spent 5.53 trillion yen, or $36.8 billion, to shore up the yen in July, official data published Wednesday showed. Data from Japan’s Ministry of Finance disclosed the...
Japan authorities on high alert against rapid yen decline, says top ...
WEBTOKYO, June 26 (Reuters) - Japanese authorities were "seriously concerned and on high alert" about the yen's rapid decline, said the country's top currency diplomat Masato Kanda, escalating...
Japan issues fresh warning on yen drops and signals readiness to ...
WEBMay 25, 2024 · Japan stands ready to take appropriate action in the market "any time" to counter excessive moves in the yen, its top currency diplomat Masato Kanda said on Friday, issuing a fresh warning on...
Yen sinks to 34-year low after Bank of Japan holds interest rates …
WEBApr 26, 2024 · The yen tumbled to a fresh 34-year low on Friday after the Bank of Japan kept interest rates on hold and offered no indication it was in a hurry to arrest the currency’s slide with higher...
Japan issues new yen banknotes packed with 3D hologram …
WEBJul 4, 2024 · TOKYO (AP) — Japan issued its first new banknotes in two decades Wednesday, yen packed with 3D hologram technology to fight counterfeiting. Prime Minister Fumio Kishida praised as historic the state-of-the-art anti-counterfeit traits of the new 10,000 yen, 5,000 yen and 1,000 yen bills.
YEN - Tag - The Japan Times
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Japanese yen surges, ringing intervention alarm bells
WEBJuly 11 (Reuters) - The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a...
Yen rebound signals Japanese government intervention, traders say
WEBApr 29, 2024 · The yen strengthened sharply against the dollar on Monday, rebounding from a 34-year low reached a few hours earlier in a move that traders said bore all the signs of an intervention by the ...
Weakening yen affects Japanese economy | NHK WORLD-JAPAN News
WEBApr 26, 2024 · The Japanese economy is enjoying rising demand from a record number of inbound tourists. But the weakening yen is also raising concerns that higher prices will impact domestic consumption.