BOJ’s Kuroda: Rapid yen moves are negative, undesirable for Japan’s economy BOJ CentralBanks USDJPY Currencies
Declines to comment on FX intervention as it’s under MOF’s jurisdiction.Rapid yen moves are negative, undesirable for Japan’s economy as it makes companies’ business planning difficult.Very important for currencies to move stably reflecting fundamentals.Will strive to achieve stable, sustainable inflation involving wage growth.Wages are rising gradually and expected to rise further next year.
Expect next spring's wage talks to bring higher wage growth on factors including rising price inflation.Japan’s economy still on path towards recovery from pandemic.Acknowledges forex market players are paying attention to interest rate differentials.USD/JPY Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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