Japan’s government recently passed an extra budget to help pay for a massive economic stimulus package.
Photo: Philip FONG / AFP
Source: AFP
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.
The BoJ said after a two-day policy meeting that it would hold rates at around 0.25 percent, pushing the yen cheaper than 155 per dollar, compared…
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