The Tug-of-War Between Dollar Strength and Yen Weakness

Several EU member states are pushing for hard-hitting measures against Russia and a UN policy memorandum argues Pakistan should suspend international debt repayments. Plus, the FT’s Katie Martin explains why the Bank of Japan would keep interest rates in negative territory and prop up the yen. 

Mentioned in this podcast:

Poland and Baltic states push for harsher EU sanctions against Russia

Flood-hit Pakistan should suspend debt repayments, says UN policy paper

Japan intervenes to prop up yen for first time since 1998

ft.com/briefingsale 

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 

Read a transcript of this episode on FT.com

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