Japanese yen

Latest news and articles about Japanese yen from NEX English

Japan Faces Rising Inflation Pressures from Oil Prices and Yen Weakness

The Bank of Japan warns that core inflation may experience heightened pressures due to rising oil prices and a declining yen, with companies becoming more active in raising prices. This analysis comes at a critical time for the Japanese economy.

Japan's Central Bank Warns of Yen Decline and Economic Impact

Kazuo Ueda, the Governor of the Bank of Japan, announced that the bank will closely monitor yen movements, indicating that the currency's decline may justify interest rate hikes in the coming months. This comes after the yen fell to its lowest level since July 2024.