The exchange rate of the yen against the dollar fell this Friday to its lowest level in the last 32 years due to the prospect that the United States Federal Reserve (Fed) will continue to increase interest rates, which fuels speculation on the intervention of the Bank of Japan (BOJ) to contain the…
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yen
China reserves fell in September 2022
It is estimated that China's reserves had a decrease of 0.85% in the period September 2021 and September 2022, standing at 3,092 billion dollars as reported by the State Administration of Foreign Exchange (SAFE).
The reduction, compared to…
Yen reaches its lowest value in the last 24 years
The yen continues its downward path against the main currencies as a result of a growing divergence between the monetary policy of the Bank of Japan and the rest of the major central banks, which has plunged the Japanese currency to its…
Cryptocurrency scam platform dismantled in Japan
Four people were captured for being allegedly linked to a scam that has been called "a fictitious investment story", which was carried out through a platform that offered "supposed returns on investment with supposed crypto assets, based on…
Kraken will include the Swiss franc on its paltform
Kraken, the US-based digital currency exchange recently announced that it will update its platform to include the official currency of Switzerland, the franc, to the fiat money list in order to join it to the currency conglomerate that…
Japan approves € 215,000 million to stimulate economic growth
The main sectors of the economy of Japan that will receive strong support thanks to the first stimulus package in three years will be economy, infrastructure in the face of natural disasters, exports, public spending, as well as the…