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    #bank of japan

    Bank of Japan raises rates to 31-year high of 1.25% as inflation rises
    Business

    Japan raises interest rate to 31-year high of 1.25% to curb inflation

    The central bank's seventh hike in three years pushes borrowing costs to a 31-year high, but two dissenting board members raise doubts about further tightening.

    2d ago
    US dollar weakens sharply against the Japanese yen after officials intervene in markets
    Finance

    Yen surges to three-month high after rare US-Japan currency intervention

    The US and Japan confirmed a rare coordinated yen-buying operation, driving the dollar down sharply from near-164 yen and lifting the Japanese currency to its strongest level in three months.

    Aug 3
    Stocks surge, yen awaits BOJ presser after intervention boost
    Finance

    Asia stocks surge, yen weakens after suspected joint intervention by Japan and Korea

    South Korea's KOSPI leapt as much as 17% in a record comeback, while the yen weakened 0.6% to 160.51 per dollar, reversing some of Thursday's intervention-driven gains ahead of the BOJ governor's press conference.

    Jul 31
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