Japanese yen hits 16-year low vs euro
HONG KONG: The Japanese yen fell to a 16-year low against the euro on Wednesday as the Bank of Japan (BoJ) indicated that monetary policy would remain loose even after shifting out of its negative interest rate environment. The unit hit 164.48 per euro its weakest since 2008 as the difference between European Central Bank […]
HONG KONG: The Japanese yen fell to a 16-year low against the euro on Wednesday as the Bank of Japan (BoJ) indicated that monetary policy would remain loose even after shifting out of its negative interest rate environment.
The unit hit 164.48 per euro its weakest since 2008 as the difference between European Central Bank rates and the BoJ remained wide enough to prevent traders shifting their focus to Japan.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.