Yen Archives - Gangnam Times

#yen (2 Posts)

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  Japan Raises Interest Rates for the First Time in 17 Years: Is Now the Time for 'YenTech'? 2024.03.26 Japan Raises Interest Rates for the First Time in 17 YearsYen Continues to WeakenInterest in ‘YenTech’ Grows The Bank of Japan, the country’s central bank, has made a historic move by raising its policy interest rate for the first time in 17 years since February 2007. In traditional economic theory, a rate hike typically strengthens […]
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  Japanese Yen Hits Lowest Value in Almost a Year as Bond Yields Soar 2023.10.30 The yen's value hit a year-low with the yen/dollar exchange rate at 150.48 yen per dollar in Tokyo's foreign exchange market.