Search Results - GulfToday

Suggestions

    SHOWING 17 Results

    Yen hits 34-year low, FM makes strongest intervention warning

    27 Mar 2024

    Japan’s finance minister (FM) issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take “decisive steps”, language previously used before intervention. Shunichi Suzuki previously used the phrase “decisive steps”

    BoJ warns weak yen hurting households more now

    23 Dec 2021

    A weak yen may be hurting Japanese households more than in the past, as the country’s increasing reliance on more expensive raw material imports pushes up the cost of living, Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Thursday.

    Yen posts outsized gains, traders suspect new bout of intervention

    17 Jul 2024

    The yen strengthened steadily against the dollar on Wednesday, with traders suspecting another round official buying after Japanese authorities last week likely stepped in to haul the currency away from 38-year lows. The dollar was last down 1.22 per cent at 156.34 yen, its lowest in around a month.

    Japan may have spent over $22 billion in FX intervention

    12 Jul 2024

    Japan may have spent up to 3.57 trillion yen ($22.43 billion) on Thursday in its most recent intervention in the foreign exchange market to wrest the yen up from 38-year lows,

    Dollar strength post inflation data pressures euro, yen at record low

    11 Apr 2024

    The dollar was around its highest since November against a basket of peers on Thursday, after hotter-than-expected US inflation data a day earlier squashed expectations

    Yen hits 38-year low, Japan’s Nikkei reclaims 40,000 level

    02 Jul 2024

    The US dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency.

    Japan’s yen jumps against the dollar on suspected intervention

    29 Apr 2024

    The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to try to underpin a currency languishing

    17 Results

    Most Popular Stories