Yen soars as Bank of Japan tipped to raise interest rates

<p>Jump lifts currency to highest level against dollar in a month, while global markets remain jittery</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/sep/03/uk-mortgage-rates-set-to-rise-bond-sell-off-borrowing-costs-latest-news-updates">Business live – latest updates</a></p></li></ul><p>The Japanese yen has soared by more than 1.7% against the dollar amid speculation the Bank of Japan is set to raise interest rates.</p><p>The latest jump on Thursday lifted the yen to its

Original reporting by The Guardian · Heather Stewart and Graeme Wearden. GridIndex is an aggregation and intelligence layer — full credit to the original publisher.