You are here

There's little Japan can do to halt yen's sharp rise: analysts

BT_20160430_ARYEN30_2255028.jpg
IN "FREE RISE": Beyond small "smoothing" exercises, Japan is unlikely to attempt any real intervention "this side of 100 to the dollar", say analysts.

Tokyo

THE yen appeared on Friday to have gone into a state of "free rise", which some analysts said could take it all the way up to 100 to the dollar or even beyond, following the decision by the Bank of Japan (BOJ) to hold off on further monetary easing the day before.

With Tokyo