June 06, 2022 - 01:24 PM 253 views
commenting on the Bank of Japan’s (BOJ) Governor, Haruhiko Kuroda said that,
"If movements are not too abrupt and stable, then the weak yen currency
proves to be optimistic for Japan’s economy."
underlying view of central banks is that monetary easing should be managed
unless cost-push inflation causes second-round consequences such as increased
inflation expectations and wage growth.
of a weak yen varies depending on the industry and size of the company.
critical for currency rates to fluctuate steadily in response to economic and
is that enterprises that benefitted from the weakening of the yen raise capex,
wages, and strengthen the positive economic cycle.
service-sector businesses in regional Japan will benefit from the resumption of
The Market Reaction
seen, the USD/JPY currency pair was trading at 130.57, falling by 0.22% in a