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General · 3 September 2026

Yen gains 2% as Japan's central bank may raise rates

Yen gains 2% as Japan's central bank may raise rates

Image by shisuka on Freepik

The Japanese yen gained over 2% against the dollar on Thursday, reaching its highest level in a month. The Bank of Japan's policymaker suggested the bank needs to act more "nimbly." Investors now believe there is a 77% chance of a rate hike at the upcoming meeting, scheduled to commence on 17 September.

Reported by Guardian · How we write briefs

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