The U.S. dollar rose above the 145 yen line in Tokyo trading Thursday, hitting a 24-year high after the Federal Reserve raised its benchmark policy rate by 0.75 percentage point and the Bank of Japan maintained its ultraloose monetary policy.
URGENT: U.S. dollar hits 24-year high above 145 yen line
- 2022/09/22 12:00 (JST)
BOJ likely to keep policy despite weaker yen as peers raise rates
Wholesale prices jump 9% in Aug. as weak yen lifts import costs
URGENT: BOJ conducts "rate check" seen as precursor to intervention: source
URGENT: Fed continues aggressive interest rate hikes to fight inflation
Japanese household assets at 2nd-highest 2,007 tril. yen as of June