Category: falling currency

1998 24-year low Bank of Japan benchmark interest rate BOJ Buy-Side Buy-Side forex markets Dollar Dollars Economics falling currency fiat currency Foreign Exchange Markets forex Greenback intervention Japanese yen low rates Michael Hewson Steve Goldstein U.S. dollar US dollars USD

Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low

Sep 22, 2022 Jimmy Rivera

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998.…

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