Yen Pares Gains Versus Dollar After BOJ Hikes Key Rate to 1%

Bloomberg Jun 16, 2026 2h ago ⏱ 1 min read 👁 2 views

Image via Bloomberg

📋 Article Summary

38 words

The yen pared gains against the dollar after the Bank of Japan raised its benchmark interest rate to the highest level since 1995. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.

This is a summary. Read the complete story on Bloomberg below.

Full story on Bloomberg

Read Full Story →

🔗 Clicking will take you to www.bloomberg.com

👁 People Also Read

Finance

IDC, Vision Near Deal to Save Century-Old African Sugar Mills

Tycoon-backed Vision Group is in talks with South Africa’s Industrial Development Corp. to take an equity stake in sugar refiner…

Read

Finance

Current price of oil as of June 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Read

Finance

What the US-Iran Peace Deal Means for the Strait of Hormuz

No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this…

Read

Finance

Gene Shalit, who made film criticism a television institution, dies at 100

The "Today" show's arts editor for four decades, he was a lot more than puffy hair, a handlebar mustache and…

Read

► Necessary Cookies Always Active

Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.

► Functional Cookies Remark

Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.

► Analytical Cookies Remark

Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.

► Advertisement Cookies Remark

Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.