Economy Politics Country 2025-11-13T13:21:23+00:00

Yen Weakens Amid Japanese PM's Rate Hike Caution

The yen fell to record lows versus the euro and a nine-month trough against the dollar, following Japanese PM Sanae Takaichi's call for a cautious approach to interest rate hikes.


Yen Weakens Amid Japanese PM's Rate Hike Caution

The yen hovered near a record low against the euro and hit a nine-month low against the dollar on Thursday after Japanese Prime Minister Sanae Takaichi said she wants the central bank to be cautious about raising interest rates.