The Japanese yen jumped 0.8% to record a session high of 131.36 against the dollar in Asian transactions. The yen jumps and the dollar stabilizes The yen received support today, Thursday, from expectations that the Bank of Japan will review the implications of its easy monetary policy, while the dollar held close to its lowest … Read more
On October 20, Finance Minister Masato Kanda (Photo 9) was asked if he had decided to intervene in the foreign exchange market after the yen temporarily reached 150 yen per dollar. No, “he told the Tokyo Ministry of Finance, January 2022. REUTERS / Issei Kato [TOKYO (Reuters)]- Finance Minister Masato Kanda replied to reporters on … Read more
◀ again ▶ The reason why the value of the win and the stock market are falling “day after day” is because there is a great concern that the global economy will eventually “stagnate”. Neither the euro nor the yen can match this. The government has been wary of excessive fears, saying our situation is … Read more
– Haruhiko Kuroda, governor of Japan’s central bank The head of the central bank was convinced to the end that the weak yen was making Japanese products more competitive. – (Photo: Reuters) – – – – Tokio According to the Japanese central bank, the strong exchange rate fluctuations of the national currency, the yen, are … Read more