The BoJ flinches, but only a little
Category:Cross-Border
Updated:2022-12-21
Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.
Read the Financial Times article here.
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