PDA

View Full Version : Yen Weakens as Bank of Japan Considers Lending to Banks - Bloomberg



NewsWhore
03-17-2009, 10:40 AM
<img alt="" height="1" width="1">
Yen Weakens as Bank of Japan Considers Lending to Banks (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaFE3c87aQ_VU%26refer%3Dgermany&cid=1315923446&ei=Xam_Sb_oEY6MNc6WifYJ&usg=AFQjCNGCNaHx5ebKr77b6yonA-0lwwljlw)
Bloomberg
“Ultimately, the BOJ will become more aggressive going forward,” said Lee Hardman, a London-based currency strategist at Bank of Tokyo-Mitsubishi Ltd. “That’s undermining the yen.” The yen slid 0.8 percent to 128.36 per euro at 8:39 am in New York, ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaFE3c87aQ_VU%26refer%3Dgermany&cid=1315923446&ei=Xam_Sb_oEY6MNc6WifYJ&usg=AFQjCNGCNaHx5ebKr77b6yonA-0lwwljlw)