Zaman: Rise in Japanese Long Yields Could Support Yen

Bloomberg has learned Japanese Prime Minister Sanae Takaichi's government is supportive of a near-term rate hike by the Bank of Japan, with the next move likely either in September or October. This is after the yen edged closer to the key 160-per-dollar level. Mahjabeen Zaman, ANZ’s Head of FX Research spoke to Bloomberg’s Abeer Abu Omar on the efforts to shore up the currency. (Source: Bloomberg)