Mumbai, Oct. 21 -- The Japanese yen traded around 158 per dollar on Wednesday, struggling to gain momentum as softer-than-expected export growth offset optimism over a potential shift in monetary policy. Although exports rose for a 13th consecutive month, growth slowed to its weakest pace since April, with demand for semiconductors and AI-related goods providing support. Attention is now turning to the Bank of Japan's policy meeting next week, where rates are expected to remain unchanged, while a possible December hike keeps a more hawkish outlook in focus.

Published by HT Digital Content Services with permission from Capital Market....