Did BoJ just do a Pearl Harbor on Wall Street?
A strong yen and Japan’s rate hike could impact foreign banks $0.83 trillion (yen 123 trillion) borrowings. The severity, though, will depend on the quantum of unhedged positions.
A strong yen and Japan’s rate hike could impact foreign banks $0.83 trillion (yen 123 trillion) borrowings. The severity, though, will depend on the quantum of unhedged positions.