The yen may be near 24-year lows, but Japan's central bank is not even close to trying to support it with higher interest rates. That is the message from three sources familiar with the thinking of the Bank of Japan (BOJ), and it was strongly implied by the country's top foreign exchange diplomat last week and indeed by central bank chief Haruhiko Kuroda in July. The government - especially the Ministry of Finance (MOF) - has repeatedly and strongly expressed dissatisfaction with this year's falls in the yen, which on Sept. 7 dropped as far as 144.990 per dollar, down 30 per cent since the end of 2021. But the ... (full story)