BoJ bid to taper by stealth made tougher by supercharged yen


Yen rally: US dollar and yen notes are seen in this illustration photo. The yen has strengthened about 6 against the dollar despite repeated remarks from governor Haruhiko Kuroda that the BoJ will keep policy accommodative. — Reuters

THE Bank of Japan (BoJ) is finding out just how hard it is to be stealthy – when everyone is looking right at you.

The central bank looks set to end this fiscal year well behind on its target for Japanese government bond purchases.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , boj , japan , stealth

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read