Yen Plummets Amidst BoJ Rate Decision & US Tariff Fears

The Japanese yen has experienced a significant downturn after the Bank of Japan (BoJ) maintained its interest rates at 0.5% despite escalating global market uncertainty stemming from President Trump’s aggressive tariffs. This decision, in contrast to market expectations, saw the yen lose as much as 0.3%, reaching 143.48 against the dollar and ending a four-month upward trend.