Image: Traders UnionYen declines as uncertainty grows over further rate hikes
• The Japanese yen fell to 158.05 per dollar after Bank of Japan Governor Kazuo Ueda left investors uncertain about the timing of future interest rate hikes. • The currency decline followed signals from the central bank that it may not raise rates as quickly as some market participants expected. • This volatility increases costs for Japanese companies importing raw materials and affects the pricing of goods for consumers.
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