Mumbai, Oct. 17 -- The Japanese yen climbed beyond 150 per dollar on Friday, touching its strongest level in nearly two weeks as global investors sought safety amid renewed US-China trade tensions and a prolonged US government shutdown. The dollar's weakness and dovish cues from the Federal Reserve added to the yen's momentum. Meanwhile, Bank of Japan Governor Kazuo Ueda signaled the possibility of a rate hike if confidence in the economy continues to strengthen, keeping markets alert ahead of this month's policy meeting. Political uncertainty also played a role, with opposition parties yet to respond to the ruling Liberal Democratic Party's October 21 proposal for a new prime ministerial vote.

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