(Bloomberg) -- The yen traded near a record low
versus the euro after a Bank of Japan quarterly Tankan survey,
which showed confidence among Japan's largest manufacturers
stayed close to a two-year high.
The yen declined to a record low against the euro and a 4
1/2-year low versus the dollar last month as reports showed
industrial production fell for a third month and consumer prices
unexpectedly dropped in May. Japan's key interest rate of 0.5
percent is the least of any major economy.
Read more at Bloomberg Currencies News
versus the euro after a Bank of Japan quarterly Tankan survey,
which showed confidence among Japan's largest manufacturers
stayed close to a two-year high.
The yen declined to a record low against the euro and a 4
1/2-year low versus the dollar last month as reports showed
industrial production fell for a third month and consumer prices
unexpectedly dropped in May. Japan's key interest rate of 0.5
percent is the least of any major economy.
Read more at Bloomberg Currencies News
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