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Tag "Bank of Japan"

Japan’s yen depreciates to 153 against US dollar — lowest level in 34 years

    Japan’s yen depreciates to 153 against US dollar — lowest level in 34 years

Yen, the Japanese currency, fell nearly one percent to 153.24 against the dollar on Wednesday, the weakest level since 1990. Despite numerous verbal warnings from Japanese officials about their intention

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Japan hikes interest rate — first time in 17 years

    Japan hikes interest rate — first time in 17 years

Japan’s central bank raised its interest rate from -0.1 percent to a range of zero to 0.1 percent. This is the first time in 17 years (2007) the cost of

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