Yen reportedly weakens despite Bank of Japan rate rise to 1.25%
A post citing the Financial Times says rates reached their highest level since 1995, while authorities warned of possible further intervention.
TLDR
A September 19 post cites the Financial Times as reporting that the Bank of Japan raised rates to 1.25%, the highest since 1995, while the yen fell and authorities warned of possible further intervention. The post argues that the currency’s decline despite tighter monetary policy keeps intervention risk in focus.
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2 Sources, first seen 10d ago