Tag - yen

 
 

YEN

BUSINESS
Oct 7, 2022
Japan’s foreign reserves see record drop from market shakeup and forex intervention
Yen-buying, dollar-selling intervention has been rare in Japan which has long counted on exports of cars and electronics as a key driver of economic growth.
Japan Times
BUSINESS / Economy
Oct 6, 2022
BOJ hopeful of inbound tourism boost from weak yen even as global risks weigh
The BOJ’s remarks on inbound tourism echoes those of Prime Minister Fumio Kishida, who has recently advocated boosting inbound tourism to benefit from the yen’s decline.
Japan Times
BUSINESS / Markets
Oct 6, 2022
Yen’s pain is far from over and poised for worst year since 1970, poll shows
The currency’s weakness is not over yet, as BOJ Gov. Haruhiko Kuroda is unlikely to reverse his long-held pledge to keep policy ultraloose anytime soon.
Japan Times
BUSINESS / Economy
Oct 1, 2022
Wallets in Japan take another hit as prices hiked for thousands of food items
Surging material costs and the weakening yet push costs up at a scale unseen since the bursting of the bubble economy, analysts say.
Japan Times
CARTOONS / DAHL'S JAPAN
Oct 1, 2022
Roger Dahl on the Bank of Japan’s currency intervention
Japan Times
BUSINESS / Markets
Sep 30, 2022
Japan spent ¥2.84 trillion in September intervention to prop up yen
Despite an initial gain of more than 3.5% in the yen against the dollar, the surprise move hasn’t reversed the currency’s weakening trend.
BUSINESS
Sep 30, 2022
Kishida orders stimulus as analysts warn of overspending
The measures will tackle price rises, encourage pay increases and speed up Kishida’s drive to transform capitalism in Japan.
Japan Times
BUSINESS / ANALYSIS
Sep 30, 2022
U.S. has no appetite to intervene on behalf of falling pound or yen
The drop in the pound has largely been attributed to British spending plans that stretch the government’s finances.
Japan Times
BUSINESS / ANALYSIS
Sep 28, 2022
Weak yen pulls Japan away from BOJ governor’s radicalism
Government intervention to prop up the yen shortly after Haruhiko Kuroda made comments that led to a weakening of the currency highlights the uneasy relationship between the two.
Japan Times
BUSINESS / Markets
Sep 27, 2022
BOJ chief Haruhiko Kuroda backs intervention while stressing need for easing
The government’s action last week came almost directly after the BOJ’s ultralow rates stance fueled further yen weakening, triggering doubt over the authorities’ unified stance.
Japan Times
BUSINESS / Companies
Sep 26, 2022
McDonald’s hikes prices in Japan on higher input costs and weaker yen
It marks the company’s second set of price increases this year as Japan grapples with inflationary pressures and a slide in the yen.
BUSINESS
Sep 26, 2022
Japan finance chief reaffirms readiness to respond to yen speculation
The remark came after the government’s decision Thursday to intervene in the currency market to stem yen weakness, by selling dollars and buying yen for the first time since 1998.
Japan Times
BUSINESS / Economy
Sep 26, 2022
Crisis level risks loom in Asia as U.S. Fed rate pressure forces yen and yuan to sink
While others are digging deep into foreign-exchange reserves to mitigate the damage, the yuan and yen’s slump threatens the region’s mantle as a preferred destination for risk investors.
COMMENTARY / Japan
Sep 23, 2022
Japan’s intervention underlines its interest rate isolation
The yen is paying the price for the Bank of Japan’s ultraeasy monetary stance. Until the bank shifts, a sustained rally is very difficult.
BUSINESS / Economy
Sep 22, 2022
Government intervenes to bolster yen as BOJ maintains dovish stance
After the BOJ’s policy announcement, the yen fell to the key u00a5145 line, prompting the government to give the green light to a yen purchasing intervention.
Japan Times
BUSINESS
Sep 21, 2022
BOJ’s Kuroda set to risk further yen weakening after Fed decision
A key focus of a BOJ meeting ending Thursday will be if it changes its forward guidance, as it’s widely expected to end its COVID funding program.
Japan Times
BUSINESS / Economy
Sep 20, 2022
Inflation hit 31-year high in August, data shows, as BOJ plans to maintain stimulus
Rising energy and processed food costs continued to account for most of the year-on-year increase, while electricity prices were also higher.
BUSINESS / FOCUS
Sep 18, 2022
Will inbound tourism help stop the bleeding for the yen?
Some economists believe fully lifting border measures — as the government appears ready to do — will not only boost the Japanese economy, it could help stabilize the yen.
Japan Times
BUSINESS / Markets
Sep 16, 2022
Japan’s contradictory stance leaves yen at risk of further slide
This week, as the finance minister was warning he would step into markets to shore up the yen if needed, the BOJ was boosting bond purchases to keep yields low.
Japan Times
BUSINESS / Economy
Sep 16, 2022
BOJ Gov. Haruhiko Kuroda seen sitting tight even after jumbo Fed hike
Most BOJ watchers are convinced Kuroda won’t raise rates to cool the rapid weakening of the yen.

Longform

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