TOKYO : The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help prevent the yen from testing fresh lows, Japan's former top currency diplomat Hiroshi Watanabe said on Tuesday. Any attempt to prop up the yen through currency intervention is unlikely to succeed, as such operations are only effective in taming excessive market volatility, he said. "It's impossible to guide the yen to a certain level through currency intervention,"

Tag-uri: Inflatie