The yen plumbed a 2-1/2 year low against the dollar on Monday, grabbing the Asian spotlight amid subdued trading for the region’s stock markets, with the focus on Japan’s central bank as it faced unrelenting political pressure to deliver bold stimulus. Prime Minister Shinzo Abe on Sunday said the Bank […]
Tag: Yen
World stocks rise after Bank of Japan eases policy
World stock markets rose Wednesday after the Bank of Japan became the latest major central bank to announce action to shore up fragile economic growth. The Japanese central bank said it was extending monetary easing by increasing its asset purchasing fund to 55 trillion yen ($700 billion) from 45 trillion […]
