• BOJ’s Kuroda: Must watch FX impact on economy

Market news

21 October 2022

BOJ’s Kuroda: Must watch FX impact on economy

Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Friday, they “must closely watch the impact of FX market moves on Japan's economy and prices.”

Additional quotes

Japan's economy is looking better than during pandemic, private consumption is also on the rise.

Will continue current monetary policy to achieve BOJ target stably.

Seeing economic risks from ukraine crisis and pandemic, still need to be cautious of these risks.

Market reaction

USD/JPY was last seen trading at 150.41, adding 0.18% on the day.

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