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Japanese yen weakens as Bank of Japan makes no changes to yield curve range

Von

January 17, 2023

152

The Japanese currency weakened against the U.S. dollar after the Bank of Japan surprised markets by keeping its yield curve tolerance band unchanged.
The Japanese currency weakened against the U.S. dollar after the Bank of Japan surprised markets by keeping its yield curve tolerance band unchanged.
The Japanese yen weakened 2.04% against the U.S. dollar shortly after the decision was announced and last stood at 130.