Tag: Bank of Japan

Yen gains after hitting 38-year low, traders on intervention watch

The yen edged back slightly Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by...

Japan authorities on high alert against rapid yen decline, says top currency diplomat

By Makiko Yamazaki and Satoshi SugiyamaTOKYO (Reuters) -Japanese authorities were "seriously concerned and on high alert" about the yen's rapid decline, said the...