NEW YORK >> The dollar rose against the yen today to resume its recent ascent after Japan’s top central bank official signaled further monetary policy tightening was on the horizon, but was vague on the timing of any such hike.

The Bank of Japan will continue to raise interest rates and adjust the degree of monetary accommodation if the economy improves as expected, its governor Kazuo Ueda reaffirmed on Monday. "The actual timing of the adjustments will continue to depend on developments in economic activity and prices as well as financial conditions going forward,