Tag: dollar/japanese yen

November 01, 2023 BY Elizabeth Anderson

Japan warns of yen intervention after BOJ-instigated sell-off

Tuesday saw the currency’s foremost one-day drop since April. This move followed the BOJ’s disappointing attempt to cap bond yields. Masato Kanda, the top currency official at the Ministry of Finance, emphasised: We’re on standby. But I can’t say what we’ll do, and when – we’ll make judgments overall, and we’re making judgments in a…

Read more