Money in the Market: Can we see a further retreat in the Japanese yen? episode artwork

EPISODE · Nov 1, 2023 · 13 MIN

Money in the Market: Can we see a further retreat in the Japanese yen?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

The Bank of Japan has made its interest rate decision this week, allowing more flexibility in its yield curve control policy, and shifting the language used to describe the upper bound of the 10-year Japanese government bond yield. But it still remained to stick with its negative interest rate.  So how did the Japanese yen react to this latest announcement? Is the yen expected to further retreat?  On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist at Phillip Nova, to find out more.See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Nov 1, 2023

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Money in the Market: Can we see a further retreat in the Japanese yen?

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