Bloomberg News

Yen Drops to 30-Month Low on Speculation of More Easing

January 10, 2013

The yen slid to the weakest level since July 2010 against the dollar after a Nikkei report quoted Japanese Prime Minister Shinzo Abe as saying the central bank should include maximum employment among its goals.

The yen has plunged since the election of Abe, who has pledged to increase monetary stimulus to weaken the currency.

To contact the editor responsible for this story: Greg Storey at gstorey@bloomberg.net


Ebola Rising
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus