2023-08-16 05:30
Japan's policymakers hold fire as yen enters intervention range
Banknotes of Japanese yen are seen in this illustration picture taken Sept 23, 2022. REUTERS/Florence Lo TOKYO -As the yen slid past 145 per dollar with barely a murmur from Japanese policymakers during recent days, suspicion grew that they won't be as quick to order intervention as they were last year as they now reap some benefits from a weaker currency. Surging exports helped economic growth hit 6 percent on an annualized basis in the second quarter, and lower global oil prices have helped keep a lid on the import bill.
https://business.inquirer.net/416320/japans-policymakers-hold-fire-as-yen-enters-intervention-range
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https://business.inquirer.net/416320/japans-policymakers-hold-fire-as-yen-enters-intervention-range
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