Yen Suffers Worst Day In 2026 Despite BoJ Hiking Rates To 31-Year High: Here's Why
The BoJ raised rates to a 31-year high of 1.25%, but a 7-2 vote and a wide Fed gap sent the yen to its worst day since December.
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Why It Matters
Japan's central bank raised interest rates to the highest level in 31 years. But the yen got weaker anyway because the U.S. still has much higher rates.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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