- The Bank of Japan posted the first loss in four years
Market news
28 November 2016
The Bank of Japan posted the first loss in four years
The Bank of Japan posted a net loss of 200.2 billon yen ($1.8 billion) in six months through September 30 due to the impact of the strong yen, the first time it posted a loss in four years.
The central bank cited by Dow Jones said losses related to foreign exchange fluctuations totaled ¥ 697.6 billion in the fiscal first half, compared with a profit of ¥ 27.2 billion in the same period a year earlier.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page