Dollar, euro leap against yen after BoJ stimulus
World BusinessApr 5, 2013
The dollar and the euro soared against the yen Thursday after the Bank of Japan unveiled an aggressive spending program to get the flagging economy back on track.After its first meeting under new governor Haruhiko Kuroda, the BoJ announced a doubling of the money supply and vowed no let-up in the battle against deflation."We will carry out quantitative and qualitative monetary easing that is unprecedented in its scale and quality," Kuroda told a packed news conference.The yen plummeted, with the