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U S Fed interest rate hike adds pressure to Japan s economy

© Provided by Xinhua -The yen has weakened markedly this year as U.S. monetary policy has been tightening. The yen declined 5.7 percent in the first qu

Economic Watch: U S Fed interest rate hike adds pressure to Japan s economy-Xinhua

Economic Watch: U S Fed interest rate hike adds pressure to Japan s economy-Xinhua
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The Bank of Japan May Have Limited Tools to Deal With the Weak Yen, But That s Not Its Focus

The Japanese yen went above 130 against the dollar on Thursday after the Bank of Japan reiterated its ultra-easy monetary policy stance.

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