The Bank of Japan's ultra-loose monetary policy is under pressure from a swathe of global central banks embarking on a series of rate hikes and balance sheet reduction programs. Get your market update from nickcawley1 here:
A weak currency, compared to peers, helps to boost a country's export sector by making its goods more competitive than its rivals. These additional sales in turn help to boost economic growth, the jobs market, and the countries' balance of payments. A weaker currency also makes imports more expensive, pushing inflation higher.
If all else fails, the US can evoke trade sanctions against their counterparty.The Bank of Japan has actively intervened in the foreign exchange on numerous occasions since the Japanese Yen was floated against thein 1973. The central bank has intervened repeatedly over the last 25 years to either keep the currency attractive to help exporters or to try and weaken the currency to boost growth and inflation.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan’s Suzuki expects BOJ to guide policy appropriatly taking prices, economy into accountJapanese Finance Minister Shunichi Suzuki said on Tuesday that he “expects the Bank of Japan (BOJ) to guide policy appropriately taking prices and the
Lire la suite »
6.9 magnitude earthquake rocks Taiwan, triggers Tsunami alarm in JapanA 6.9 magnitude earthquake struck the island of Taiwan on Sunday, reportedly killing one and injuring 79. First responders are on the scenes of collapsed buildings and bridges.
Lire la suite »
Asia-Pacific Markets Mixed; Fed, Bank of Japan Rate Decisions Ahead This WeekShares in the Asia-Pacific were mixed on Monday ahead of major central bank meetings this week.
Lire la suite »
Typhoon Nanmadol strikes Japan as millions told to evacuateJapanese officials have ordered more than 4 million people to seek shelter as a powerful typhoon approached the country’s southernmost main island.
Lire la suite »
Typhoon batters Japan with record rain, killing twoTyphoon Nanmadol brought ferocious winds and record rainfall to western Japan on Monday as one of the biggest storms to hit the country in years killed at least two people, disrupted transport and forced manufacturers to suspend operations.
Lire la suite »