this post was submitted on 29 Apr 2024
18 points (90.9% liked)

Economics

466 readers
223 users here now

founded 2 years ago
 

KEY POINTS

  • The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.
  • The yen has traded around 150 or weaker against the dollar since the Bank of Japan ended its negative interest rate regime in March.
  • Japanese authorities have repeatedly warned against “excessive” moves in the yen, but have made no official announcements about bolstering the currency.
no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here