Business Standard

Yen

Japan attracts record 3.14 mn visitors in June as weak yen draws tourists

The number of foreign visitors for business and leisure was 3.14 million last month, exceeding the previous monthly record of 3.08 million set in March

Japan attracts record 3.14 mn visitors in June as weak yen draws tourists
Updated On : 19 Jul 2024 | 1:04 PM IST

Yen choppy amid intervention concerns, Asian shares eye weekly gain

Moves in the yen against the dollar and other major currencies stole the spotlight on Friday

Yen choppy amid intervention concerns, Asian shares eye weekly gain
Updated On : 12 Jul 2024 | 1:27 PM IST

What explains Japanese government's non intervention to support yen?

Massive interest rate differentials between the U.S. and Japan have been weighing the yen down, putting monetary policy at the centre of the currency's woes

What explains Japanese government's non intervention to support yen?
Updated On : 11 Jul 2024 | 11:09 AM IST

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows

The US is back on a disinflationary path, Powell said on Tuesday, although he cautioned that policymakers need more data

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows
Updated On : 03 Jul 2024 | 9:38 AM IST

As US inflation cools, Asian stocks head for 5th straight month of gains

Asian markets were little fazed by the first US presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump ahead of the November election

As US inflation cools, Asian stocks head for 5th straight month of gains
Updated On : 28 Jun 2024 | 12:37 PM IST

Asia stocks down, yen slump, keeping markets on intervention alert

Shares in bellwether chipmaker Micron Technology slid 8 per cent in US after-hours trade as it met rather than topped lofty revenue expectations. Japan's Nikkei fell 1 per cent.

Asia stocks down, yen slump, keeping markets on intervention alert
Updated On : 27 Jun 2024 | 8:56 AM IST

After rallying to 26-mth high, Asian shares end the week with a whimper

Overnight, the Swiss National Bank cut rates for a second time while the Bank of England opened the door to an easing in August after holding rates steady

After rallying to 26-mth high, Asian shares end the week with a whimper
Updated On : 21 Jun 2024 | 12:00 PM IST

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%

BOJ will continue to buy government bonds at the current pace of roughly 6 trillion yen ($38 billion) per month for now

Bank of Japan decides to trim bond buying, keep rates steady at 0-0.1%
Updated On : 14 Jun 2024 | 1:44 PM IST

Asian stocks slide, dollar at all time high, yen wobbles ahead of BOJ meet

The dollar was hovering near a one-month high on the back of the hawkish tone from the Fed this week

Asian stocks slide, dollar at all time high, yen wobbles ahead of BOJ meet
Updated On : 14 Jun 2024 | 8:34 AM IST

BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino

However, he said it was inappropriate for central banks to directly target exchange rates in setting monetary policy

BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino
Updated On : 04 Jun 2024 | 2:53 PM IST

Japan spent $62 bn to support yen after it fell to 34 yr low last month

The finance ministry disclosed figures Friday for the period between April 26 and May 29

Japan spent $62 bn to support yen after it fell to 34 yr low last month
Updated On : 31 May 2024 | 11:10 PM IST

Asian stocks gain, yen stable, dollar drifts as inflation tests await

A downward revision to consumer spending meant the US economy grew more slowly than expected in the first quarter, data showed on Thursday

Asian stocks gain, yen stable, dollar drifts as inflation tests await
Updated On : 31 May 2024 | 12:05 PM IST

Dollar steadies before awaited inflation test, yen brushes off Tokyo CPI

Official data showed overnight that the US economy grew at an 1.3 per cent annualised rate from January through March

Dollar steadies before awaited inflation test, yen brushes off Tokyo CPI
Updated On : 31 May 2024 | 10:43 AM IST

Higher US bond yields push Yen to 4-week low ahead of key inflation data

The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April

Higher US bond yields push Yen to 4-week low ahead of key inflation data
Updated On : 30 May 2024 | 7:31 AM IST

Dollar steady ahead of inflation data, yen weakens, Fed rate cut unlikely

The dollar was also lifted by rising Treasury yields after a lacklustre debt auction for sales

Dollar steady ahead of inflation data, yen weakens, Fed rate cut unlikely
Updated On : 29 May 2024 | 9:01 AM IST

Japan's exports rise for 5th time in April on weak yen, biz mood stalls

In volume terms, however, Japanese shipments fell 3.2 per cent year-on-year in April, down for the third straight month

Japan's exports rise for 5th time in April on weak yen, biz mood stalls
Updated On : 22 May 2024 | 10:12 AM IST

BOJ may face more pressure to hike rates amid declining consumer spending

The yen has depreciated by roughly 10% against the dollar so far this year despite the BOJ's decision in March to end eight years of negative rates

BOJ may face more pressure to hike rates amid declining consumer spending
Updated On : 17 May 2024 | 12:56 PM IST

Yen higher, dollar squeezed as US inflation eased to its slowest pace

Core US inflation slowed to an annualised 3.6 per cent in April, Wednesday's data showed

Yen higher, dollar squeezed as US inflation eased to its slowest pace
Updated On : 16 May 2024 | 12:31 PM IST

Dollar trades low ahead of crucial inflation report; yen under pressure

The yuan slid to a two-week low versus the dollar after US President Joe Biden unveiled steep tariff increases on an array of Chinese imports

Dollar trades low ahead of crucial inflation report; yen under pressure
Updated On : 15 May 2024 | 10:03 AM IST

Yen's avoidable slide to 1990 level

The yen fell due to the prevailing blunt interest rate policy. But there is an alternative policy

Yen's avoidable slide to 1990 level
Updated On : 08 May 2024 | 9:11 AM IST