Yen rebounds as BOJ maintains inflation target at 1%

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Japan's currency rose versus all of the major counterparts as the nation's central bank kept its 1% inflation target after incoming Prime Minister Shinzo Abe urged to double the goal. The Japanese Yen gained 0.6% to 111.02 per Euro at 6:33 London time from the close a day earlier, when it fetched 112.50, the lowest since August 2011. The Yen climbed 0.5% to 84 per greenback, after a 1.1% decline over the previous 3 years.
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Thu, 20 Dec 2012 09:43:17 GMT

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