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The Zhitong Finance App learned that Takada Hajime, one of the most hawkish members of the Bank of Japan, said that the possibility of drastic interest rate hikes and continuous interest rate hikes is not ruled out. This statement stimulated the yen to rise. The exchange rate of the yen against the US dollar rose 0.5% to 159.44 yen to the US dollar, having previously fallen to 160.39.
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The Zhitong Finance App learned that Takada Hajime, one of the most hawkish members of the Bank of Japan, said that the possibility of drastic interest rate hikes and continuous interest rate hikes is not ruled out. This statement stimulated the yen to rise. The exchange rate of the yen against the US dollar rose 0.5% to 159.44 yen to the US dollar, having previously fallen to 160.39.
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