Japanese yen falls to its lowest level since 2008

The value of the euro against the yen exceeded 160 for the first time since August 2008, Report informs referring to trading data.

The euro/yen exchange rate rose to 160.12 yen per euro from the previous closing level of 158.22 yen.

Earlier on October 31, the Central Bank of Japan, following a meeting, again kept the discount rate at a negative level - minus 0.1%. At the same time, the regulator increased the control limit of the ten-year government bond yield curve to 1% from 0.5%.