Yen’s plummet puts Bank of Japan in a bind

Capital Group
By August 4, 2022 08:35

Yen’s plummet puts Bank of Japan in a bind

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The Japanese yen (JPY) has plunged to its lowest level in decades against the US dollar, as the Bank of Japan (BOJ) has kept its monetary policy ultra-loose even as other central banks begin to hike interest rates and dial back their asset …

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Capital Group

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Feike Goudsmit
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E-mail: feike.goudsmit@capitalgroup.com

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Capital Group
By August 4, 2022 08:35
TAGS: bojjapanyen

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