The yen has been declining against the dollar for the longest time since June, as traders wager that Japan's central bank will not raise interest rates next week. On Friday, the yen continued to fall, decreasing by 0.7% to 153.72 yen against the dollar, marking the lowest level since November 26. The yen has fallen for the fifth consecutive day and is on track for the worst weekly performance in over two months. Earlier this week, reports stated that the Bank of Japan believes waiting until January or later to take action will not incur significant costs, as there are signs that the risk of inflation exceeding targets is low. The reports indicated that officials remain open to actions next week, depending on data and market trends.