ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »Yen weakens close to three-decade low against US dollar, raising intervention risk
BLOOMBERG The yen slumped back past 150 per dollar again, raising the risk of government intervention in the currency market and piling pressure on the Bank of Japan (BOJ) to adjust monetary policy. With another rout in US debt amplifying the yield gap to Japan, the currency on Thursday was trading well within the zone that saw authorities wade into …
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