Yen Surges as BOJ Signals Exit from Negative Rates

1 min read
Source: Nikkei Asia
Yen Surges as BOJ Signals Exit from Negative Rates
Photo: Nikkei Asia
TL;DR Summary

The yen strengthened against the dollar, reaching a four-month high of 143, after Bank of Japan Governor Kazuo Ueda hinted at a potential exit from the bank's negative interest rate policy, stating that maintaining the current monetary policy would become more challenging.

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