Yen Hits New 20-Year Low After Bank of Japan Reinforces Low-Rate Policy

Japan’s currency weakened to more than 130 to the dollar for the first time since April 2002, after the central bank reinforced its commitment to low interest rates despite rising inflation.

Japan’s currency weakened to more than 130 to the dollar for the first time since April 2002, after the central bank reinforced its commitment to low interest rates despite rising inflation.

Source: Read More

PAID