Governor Kazuo Ueda said handling monetary policy "will become even more challenging from the year-end and heading into next year"
PHOTO
The yen surged more than one percent against the dollar on Thursday after comments from the head of the Bank of Japan that stoked expectations it will tighten its ultra-loose monetary policy.
Governor Kazuo Ueda said handling monetary policy "will become even more challenging from the year-end and heading into next year", Bloomberg News reported. The unit strengthened to 145.63 per dollar in the afternoon, from about 147.35 late Wednesday.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
