By Leika Kihara TOKYO (Reuters) – Bank of Japan Deputy Governor Ryozo Himino said the central bank must be “very vigilant” to the impact the yen’s moves could have on the economy, suggesting the currency’s weakness will be among factors affecting the timing of its next interest rate hike. However, he said it was inappropriate […]
Tag: Yens
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency Turmoil,’ Analyst Says
The Japanese yen fell Friday to its weakest level against the U.S. dollar since 1990. Bitcoin remained flat around $64,000 as some altcoins slid lower. Intervention may follow soon if yen devaluation continues, Lekker Capital’s Quinn Thompson said. Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese […]