ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Yen falls past 150 per dollar, hitting new 32-year low

Fed's sustained hawkish monetary stance spurs dollar-buying

The policy divergence between the dovish Bank of Japan and the hawkish U.S. Federal Reserve is a primary driver of the dollar's recent strength and the yen weakness. (Photo by Tomoki Mera) 

TOKYO -- The yen weakened past 150 against the dollar on Thursday, reaching a new 32-year low as the policy gap widens between the Bank of Japan and the U.S. Federal Reserve.

The Fed has repeatedly raised interest rates to tackle inflation, while the Bank of Japan maintains its ultraloose monetary policy to support the economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more