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NEW YORK, Jan. 29 (Xinhua) -- The U.S. dollar climbed against the Japanese yen to the highest level in six weeks on Friday as the Bank of Japan (BOJ) unexpectedly decided to implement a negative interest rate policy.
The BOJ said on Friday it would introduce negative interest rates from next month to encourage more lending and business spending amid projections the central bank will not clear its 2 percent inflation goal.
The bank said it would cut interest rates further into negative territory if necessary.
The yen fell about 2 percent against the greenback after the bank's decision Sidney Jones Eagles Jersey , hitting a 6-week low versus the dollar during the session.
On the economic front, the U.S. real gross domestic product (GDP) increased at an annual rate of 0.7 percent in the fourth quarter of 2015, according to the advance estimate released by the Commerce Department Friday. In the third quarter, real GDP increased 2.0 percent.
The greenback rose against most major currencies on Friday. The dollar index, which measures the greenback against six major peers Derek Barnett Eagles Jersey , went up 1.06 percent at 99.559 in late trading.
In late New York trading, the euro fell to 1.0829 dollars from 1.0958 dollars in the previous session, and the British pound dropped to 1.4239 dollars from 1.4370 U.S. dollars in the previous session. The Australian dollar inched up to 0.7079 dollar from 0.7077 dollar.
The U.S. dollar bought 121.17 Japanese yen, higher than 118.78 yen of the previous session. The greenback rose to 1.0238 Swiss francs from 1.0133 Swiss francs and decreased to 1.4001 Canadian dollars from 1.4061 Canadian dollars.
Russia is ready to act as a mediator between North Korea and the US if both parties are willing for it to play such a role, the Kremlin said on Tuesday.
Moscow has long called for the two sides to hold negotiations aimed at reducing tensions over the nuclear and missile program North Korea is pursuing in defiance of years of UN Security Council resolutions.
"Russia's readiness to clear the way for de-escalation is obvious Dallas Goedert Eagles Jersey ," Kremlin spokesperson Dmitry Peskov said in a phone call with reporters.
Foreign Minister Sergei Lavrov called on Monday for Washington and Pyongyang to start negotiations, saying Russia was ready to facilitate such talks.
Though US diplomats have said they are pursuing a diplomatic solution, President Donald Trump has said Pyongyang must commit to giving up its nuclear weapons before any talks can begin.
The UN Security Council unanimously voted to impose new sanctions on North Korea on Friday in response to its recent intercontinental ballistic missile test, a move North Korea called an act of war, tantamount to a complete economic blockade.
South Korea predicted on Tuesday that North Korea would look to open negotiations with the US next year in an optimistic outlook for 2018 Carson Wentz Eagles Jersey , even as Seoul set up a specialized military team to confront nuclear threats from the North.
"North Korea will seek negotiation with the US, while continuing to pursue its effort to be recognized as a de facto nuclear-possessing country," South Korea's Unification Ministry said in a report, without offering any reasons for its conclusion.
The Ministry of Defence said it would assign four units to operate under a new official overseeing North Korea policy, aimed to "deter and respond to North Korea's nuclear and missile t. Wholesale Cheap NHL Jerseys Wholesale Jerseys China Online Wholesale Football Jerseys Wholesale Nike NBA Jerseys Wholesale MLB Jerseys Cheap Wholesale Retro Jerseys Wholesale New NHL Jerseys Wholesale Nike NFL Jerseys Wholesale College Jerseys From China Wholesale NBA Jerseys Online