Japan's weak currency is boosting tourism, with a record-breaking 3.1 million visitors in March. The devalued yen is encouraging tourists to spend more on luxury goods. The currency is negatively ...
Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April. The ministry on Friday stated Japan ...
The Yen strengthened sharply after crashing to its lowest level in 34 years. Traders in Hong Kong, Australia, and London believe the recovery was likely due to Japan's finance ministry selling dollar ...
The Japanese Yen has reached its lowest level since the 1980s, experiencing a significant devaluation trend. The Yen's devaluation to gold is more significant than its devaluation to the dollar, ...
TOKYO >> Japanese authorities are ready to take action against speculative and excessively volatile moves in the currency market that hurt the economy, the country’s top currency diplomat Masato Kanda ...
Some of the world’s wildest action in financial markets is roiling around the Japanese yen. The value of Japan’s currency has tumbled so much that for a moment on Monday it took 160 yen to equal $1. A ...
Weak currencies can benefit Japanese and European companies with substantial overseas business operations, leading to limited incentives for the countries to significantly strengthen their currencies.
TOKYO, March 27 (Reuters) - Japan's three main monetary authorities held an emergency meeting on Wednesday to discuss the weak yen, and suggested they were ready to intervene in the market to stop ...
CAPE TOWN (Reuters) - Japan's top currency diplomat, Atsushi Mimura, said on Wednesday he did not see any disparity between recent rises in the yen and a slew of positive economic data, underscoring ...
G7 finance chiefs reaffirm long-held commitment on currencies Group has warned against excess volatility, disorderly FX moves Japan welcomes G7 decision to reaffirm FX commitment Statement comes in ...
TOKYO (Reuters) -Japan stands ready to deal with foreign exchange matters around the clock, top currency diplomat Masato Kanda said on Tuesday, as money market data suggested the finance ministry had ...