Yen's Future Uncertain as BOJ Considers Policy Shift

1 min read
Source: Nikkei Asia
Yen's Future Uncertain as BOJ Considers Policy Shift
Photo: Nikkei Asia
TL;DR Summary

The historically weak yen is showing signs of strengthening as speculation grows that the Bank of Japan may be ending its ultraloose monetary policy, although concerns remain about the Japanese economy's structural weaknesses and its ability to withstand higher interest rates. The yen reached the 141 range against the dollar before settling around 144.

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