Rapid, one-sided moves are undesirable. In particular, we're deeply concerned about the effect on the economy, Suzuki told reporters. We are watching moves with a high sense of urgency, analysing the factors behind the moves, and will take necessary actions.
The yen has lost more than one-third of its value since early 2021 as investors sell off the currency amid the yawning gap between US and Japanese interest rates... While the yen's slide has been a boon for Japanese exporters, it has sharply raised the cost of imports, particularly food and fuel, putting a strain on household budgets.
Collection
[
|
...
]