Event Brief
Yen sinks after BoJ raises rates to 1995 high
By The BriefBrief · Sources (12)
Filed: Sep 18, 2026 at 6:00 AM ET
Summary: The yen fell after the Bank of Japan lifted borrowing costs to the highest level since 1995. Despite hawkish comments from BoJ governor, the currency’s renewed slide continued after the rate increase.
WHO: Bank of Japan (BoJ) and BoJ governor
WHAT: The yen declined after the BoJ raised borrowing costs to the highest level since 1995, following hawkish comments by the BoJ governor.
WHEN: Jan 1, 1995
WHERE: Japan
WHY: The yen’s decline followed the BoJ’s rate increase to a 1995-high level, and hawkish comments did not stop the currency’s renewed slide.
Sources (12):
ABC Australia,
ABC News,
ARY News,
Al Jazeera,
BBC News,
Bloomberg,
CNBC Top News,
Euronews,
Financial Times,
New York Times,
Nikkei Asia,
The Hindu
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