Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Yen Remains on 160 Watch Despite Takaichi’s Support for BOJ Hike
Politics

Yen Remains on 160 Watch Despite Takaichi’s Support for BOJ Hike

Bloomberg Markets Thursday 13 August 2026, 09:29 UTC By Georgia Hall 1 min read
Key Points

Yen Remains on 160 Watch Despite Takaichi’s Support for BOJ Hike The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi’s government was said to support an interest-rate hike. The yen was steady on Thursday, hovering around 159.36 per dollar.

Yen Remains on 160 Watch Despite Takaichi’s Support for BOJ Hike The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi’s government was said to support an interest-rate hike. The yen was steady on Thursday, hovering around 159.36 per dollar. In the past, a move toward 160 has marked the possibility of government intervention to prop up the currency.
Sanae Takaichi (PERSON)
Originally published by Bloomberg Markets Read original →

Related Stories

Zero hours crackdown could cost firms up to £2.9bn a year

Labour's employment rights bill crackdown on zero hours contracts could cost businesses up to £2.9bn a year, new official analysis has found.

BBC Business 6m ago

Florida State University hit with federal civil rights investigation over race, sex-based scholarship programs

The Trump administration has opened a federal civil rights investigation into Florida State University (FSU) over 32 scholarships accused of discriminating against students based on race or sex, according to a Department of Education (DOE) letter obtained by Fox News Digital. The DOE's Office for Civil Rights said it will investigate whether FSU discriminated on the basis of race, color or national origin in violation of Title VI of the Civil Rights Act, and whether the university...

Fox News Politics 13m ago

Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills

Sri Lanka Reducing Reliance on Foreign Debt, Short-Term Bills Sri Lanka is reducing dependence on foreign borrowing while raising more money domestically through longer-term bonds, as it seeks to make its debt more sustainable under an International Monetary Fund program, Deputy Finance Minister Anil Jayantha Fernando said. The government is also adopting a strategy of lowering the amount of Treasury bills it rolls over in the domestic market, Fernando said in an interview in his Colombo office.

Bloomberg Markets 14m ago

What is Truth API? The $100,000 feed that has landed Trump a lawsuit

Two press organisations have asked a Manhattan federal court to shut down Truth API, the service launched this month that sells Wall Street firms faster access to US President Donald Trump's Truth Social posts for up to $100,000 a month. The Intercept and the Freedom of the Press Foundation went to court in New York on Wednesday to shut down Truth API, a subscription launched this month by Trump Media and Technology Group, the Nasdaq-listed company behind Truth Social. The subscription...

Euronews 15m ago