• The dollar is heading for its biggest yearly gain against the yen in at least 30 years as the Bank of Japan holds fire on rate rises

    10 days ago - By Business Insider

    The dollar is on pace for its best performance against the Japanese yen since 1992. Thomson Reuters
    The dollar is on pace for its strongest annual rise against the Japanese yen since at least 1992.
    The Federal Reserve is hiking rates aggressively, while the Bank of Japan is sticking to keeping borrowing costs ultra-low.
    The US currency is up 16.3% against the yen so far in 2022.
    The dollar is on track for its biggest annual rise against the Japanese yen in at least three decades as the Federal Reserve and Bank of Japan pursue wildly different approaches to monetary policy. The greenback is...
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  • Asia-Pacific Daily Briefing: Bank of Japan Holds Fire on Rates

    10 days ago - By Economy

    The central bank is comfortable going its own way.
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