Business Nov 7, 2008

BOJ may be unable to halt yen's rising tide: traders

The Bank of Japan may be powerless to prevent the yen from rising to a 13-year high, according to the world's biggest foreign-exchange traders. Deutsche Bank AG, UBS AG and Barclays PLC predict the yen will recover from its steepest weekly decline since 1999 as ...

Business Mar 11, 2008

Yen's rally to continue as BOJ intervention unlikely

For the first time in more than a decade, foreign-exchange traders are confident the Bank of Japan won't intervene in the currency market, paving the way for the yen to extend its biggest rally since 2000. Japanese authorities sold the currency on all four occasions ...

Business Oct 25, 2004

New bank notes could draw underground cash into the light

When the Bank of Japan puts new bank notes into circulation next month, it could draw out cash hoarded away in the country's underground economy and into investments like gold and real estate. The central bank's main aim in issuing the new notes is to ...