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March 16, 2010 00:45:34 Sydney, AustraliaMarch 15, 2010 22:45:34 Tokyo, JapanMarch 15, 2010 13:45:34 London, UKMarch 15, 2010 09:45:34 New York, US

Tue

01

Dec

2009

BOJ meeting announcement weakens yen
Headline - Currencies
Written by Djulie   
yenFinanceroll.com - The yen weakened against the dollar after the Bank of Japan announced an emergency policy meeting today, spurring speculation authorities will step in to halt the currency’s gains.

The Japanese currency declined to 87.10 per dollar as of 11:32 a.m. in Tokyo from 86.41 in New York yesterday. The yen declined to 130.72 per euro from 129.64. The euro was at $1.5009 from $1.5005.

The central bank said it will hold an emergency meeting at 2 p.m. today in Tokyo. The bank will consider additional policy easing steps, Kyodo News reported, without saying where it got the information.
 

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