You are here

Yen surges as analysts expect volatility in currency, share prices

BOJ governor says the yen has become 'very weak'; BOJ board member criticises monetary easing moves

japaneseyen110615.jpg
The yen jumped from a 13-year low of 124.63 to the dollar to 122.7 - its highest level in two weeks, reversing earlier gains in Tokyo stock prices and pointing to further volatility ahead for both the yen and Tokyo share prices, dealers said.

Tokyo

IN a day of dramatic developments in Tokyo markets, the yen surged against the dollar on Wednesday after comments from two quarters - Bank of Japan (BOJ) governor Haruhiko Kuroda, who told Parliament that the currency had become "very weak", and a member of the BOJ's Policy Board,

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom