The dollar rate in relation to the yen rose on Monday after the statement of the head of the Bank of Japan about a possible tightening of monetary policy. The degree of tightening of the policy...
In connection with this, the market reacted negatively, leading to a decrease in demand for the yen and, as a consequence, to a decrease in its value. The head of the Bank of Japan noted that such measures may be appropriate to support the country's financial stability under conditions of rising inflation and strengthening of the economy.
It should be noted that this statement prompted active discussion among economists and traders. Many experts believe that tightening monetary policy in Japan may have serious consequences for the global financial system.
