The Impact of the Bank of Japan’s Recent Rate Hike on Global Currency Markets
Facebook LinkedIn On Wednesday, the yen experienced volatility after the Bank of Japan (BOJ) raised interest rates at the conclusion of its two-day monetary policy meeting. The BOJ also unveiled a detailed plan to taper its extensive bond-buying program. Initial Reaction to BOJ Announcement The yen surged by 0.8%, reaching a three-month high of 151.58 […]