Yen Falls past 155 per Dollar after BOJ Skips Rate Hike
Tokyo, Dec. 19 (Jiji Press)--The yen fell past 155 per dollar for the first time in about a month on Thursday after the Bank of Japan skipped an interest rate hike at a two-day policy meeting through the day.
At noon, the dollar stood at 155.09-10 yen, up from 153.57-59 yen at 5 p.m. the previous day.
Prior to the BOJ decision, the U.S. currency was already firmer above 154.50 yen after the U.S. Federal Reserve hinted at a slower pace of interest rate cuts at its overnight Federal Open Market Committee meeting.
(2024/12/19-12:13)
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