Markets

Yen weakens to four-year low

Bank of Japan measures to fight deflation may debase currency further

A businessman looks at a screen displaying a photo of US dollar bank notes in Tokyo today. The yen has hit fresh lows against a host of major currencies, resuming its slide after the Bank of Japan lost no time in launching its new easing policy to underline its determination to beat deflation. Photograph: Toru Hanai/Reuters
A businessman looks at a screen displaying a photo of US dollar bank notes in Tokyo today. The yen has hit fresh lows against a host of major currencies, resuming its slide after the Bank of Japan lost no time in launching its new easing policy to underline its determination to beat deflation. Photograph: Toru Hanai/Reuters
Bloomberg
Mon Apr 08 2013 - 09:10

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective
Business Today

Business Today

Get the latest business news and commentary from our expert business team in your inbox every weekday morning