Recent developments affecting the Bosnia and Herzegovina Convertible Marka (BAM):
- Increase in Foreign Currency Reserves: As of October 2024, Bosnia and Herzegovina's foreign currency reserves rose to 17.04 billion BAM, an 8.1% annual increase. (sarajevotimes.com)
- Growth in Money Supply: The total money supply (M2) reached 38.07 billion BAM by October 2024, marking an 8.2% year-over-year growth. (sarajevotimes.com)
These factors may influence the BAM's exchange rate, impacting travelers, expats, and business owners.
Japanese Yen: Intervention Concerns Amid Persistent Weakness
Updated 01 Aug 2026 • 23:47 GMT
The Japanese Yen continues to face significant downward pressure, with the USD/JPY trading near historically high levels. Despite local authority interventions, the yen remains weak, largely due to the persistence of wide interest rate differentials between the US and Japan. Expectations for further intervention are evident, especially as the yen approaches key psychological levels against the dollar. Analysts suggest that without significant changes in energy prices or a shift in the Federal Reserve's monetary stance, interventions may only temporarily stem the yen's decline.
Key watchpoints
- Monitoring potential interventions by Japanese authorities to stabilize the yen.
- Observing US Federal Reserve policy for signs of changes that could impact rate differentials.
- Watching energy price trends, which could influence the yen's valuation amidst intervention actions.