You are here

CURRENCIES

Yen drops to 2-week low on stimulus talk

yen130516.jpg
The yen fell to a two-week low on Thursday as investors sold the currency on speculation that the Bank of Japan could decide to expand its monetary stimulus as soon as next month.

London

THE yen fell to a two-week low on Thursday as investors sold the currency on speculation that the Bank of Japan could decide to expand its monetary stimulus as soon as next month.

Talk of more action gathered pace after prominent Japanese academic Takatoshi Ito said that the