After the Bank of Japan shocked markets by maintaining its yield curve tolerance zone at its previous level, the yen fell in value relative to the dollar. After the decision was revealed, the value of the yen dropped by as much as 2.7% versus the dollar, reaching a low of 130.35. This was the yen's highest position against the dollar since June of 2022. The governor of the Bank of Japan, Haruhiko Kuroda, was quoted by Reuters as saying, &q....
Tags : The Bank of Japan, yield curve tolerance zone, dollar, Haruhiko Kuroda,
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