TOKYO -- The sell-off in the yen has quickened despite the Bank of Japan's decision to further relax its yield curve control as the gap between U.S. and Japanese interest rates remains stubbornly wide.
Bank of Japan
Yen flirts with new 33-year low as U.S. interest rate outlook stays high
Japan's scope for rate increases limited by weak economy
The yen slumped beyond after the Bank of Japan announced a tweak to its yield curve control policy. (Photo by Shinya Sawai)
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