Japan Spends $36.8 Billion to Defend Yen as BOJ Raises Rates
Key Insights Japan spent 5.53 trillion yen ($36.8 billion) in July to support the weakening yen, marking its largest intervention…
Key Insights Japan spent 5.53 trillion yen ($36.8 billion) in July to support the weakening yen, marking its largest intervention…
Key Insights BoJ lowered 2023 core inflation outlook to 2.4% but said likelihood of hitting target has “gradually risen”. Upgraded…