Yen up supported by BOJ speculation of a policy adjustment ‎

The yen continued to rise, supported by speculation that Japan might adjust its ultra-loose monetary policy, while the dollar approached its lowest level since June against major currencies.

According to Reuters, the Central Bank of Japan differs from most central banks in the world by sticking to stimulus while other banks raise interest rates, but the emergence of signs of rising inflation prompted some investors to bet on the possibility of changing this, a step that would raise the yen. ,

The dollar fell at some point by nearly 1 percent against the yen in trading on Friday, to its lowest level in seven months at 128.11, after falling 2.4 percent on Thursday.

It was last down 0.6 percent at 128.515 yen.

The dollar index, which measures the performance of the US currency against six major currencies, settled largely at 102.15, after falling to its lowest level since June earlier in the session.

The euro fell 0.1 percent to $1.08460, retreating from the nine-month high it touched earlier in the session.

The pound sterling, in its latest transactions, reached $ 1.22340, up 0.2 percent on Friday.