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Japan does not manipulate the currency market to weaken the yen, Finance Minister Katsunobu Kato told parliament on Friday, ...
U.S. President Donald Trump's desire for a stronger yen against the dollar is almost certain to figure into trade ...
All alternatives have drawbacks that limit their global role. What follows is the story of one such major currency—the Japanese yen—and why it failed to take the dollar’s throne. Kaiseki ...
If the currency exchange rate goes from 115 yen against the dollar to, say, 145 yen, that pushes up import prices by about 30%." People across Japan are feeling the effects, with shoppers ...
Leading virtual currency exchange bitFlyer says the price of Bitcoin soared to a record high of 2.2 million yen, or about 20,000 dollars, in mid-December. But it fell to about half that level only ...
TOKYO—Japan’s top currency diplomat has pledged to ensure stability in the global financial system as tariff fears spook investors, saying Tokyo will coordinate with other nations on how they ...
22 intervened in the foreign exchange market in Tokyo to prop up the yen after the Japanese currency hit its lowest level in 24 years. The move immediately pushed the currency up 3 yen to the 142 ...
Japan's weak currency is boosting tourism, with a record-breaking 3.1 million visitors in March. The devalued yen is encouraging tourists to spend more on luxury goods. The currency is negatively ...
Japan’s top currency diplomat Masato Kanda said a weak yen has both merits and demerits for the economy due to the country’s changing export patterns and increasing reliance on imports.
Their goal was to persuade Japan to internationalize the yen by ... Treasury officials were not only willing to countenance another currency playing a global role similar to that of the greenback ...