Japan's Prime Minister, Yoshihiko Kishida, says the country's currency will be stabilised

On Friday, Japan's Prime Minister Fumio Kishida spoke on wires via Reuters, and he said that the latest Yen movements are directed by different factors. He further added that the Japanese government's first priority is to alleviate the burden on hous

May 27, 2022 - 11:38 AM 259 views

Japan's Prime Minister, Yoshihiko Kishida, says the country's currency will be stabilised

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© Japan's Prime Minister, Yoshihiko Kishida, says the country's currency will be stabilised

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On Friday, Japan's Prime Minister Fumio Kishida spoke on wires via Reuters, and he said that the latest Yen movements are directed by different factors. He further added that the Japanese government's first priority is to alleviate the burden on households and businesses through different policy measures.

       Key Comments

       Promotion of renewable energy and inbound tourism would furnish the                           stabilisation of the Forex market (FX) movements, and the government should take         the necessary actions to avoid the outflow of funds from Japan.

       We hope the Bank of Japan (BOJ) will carry on its efforts to achieve an inflation rate         based on a joint statement between the government and BOJ.

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