The yen is strengthened after the rates of BOJ rates – 01/24/2025 at 10:27

(AOF) – At the end of its two -day monetary policy meeting, the central bank of Japan noted its 0.5%key rate on Friday, its highest level in 17 years. This is the first time that the Japanese central bank has decided to raise its rates since July 2024. After the announcement of the BOJ, the yen climbed this morning 0.71% compared to the greenback at 154.94 yen for a dollar. The Japanese currency also jumped 0.26% vis-à-vis the euro, to 162.11 yen for one euro.

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