• BoJ’s Ueda: Did not discuss FX volatility at meeting with PM

Noticias del mercado

22 agosto 2023

BoJ’s Ueda: Did not discuss FX volatility at meeting with PM

Following his meeting with the Japanese Prime Minister Fumio Kishida on Tuesday, Bank of Japan (BoJ) Governor Kazuo Ueda said that he “did not discuss FX volatility at the meeting with PM”

Additional quotes

Explained to prime minister BoJ’s July policy decision.

Prime minister said he understood, when i explained BoJ’s July policy move.

Premier asked questions on various aspects of economy, financial developments to which i replied as much as I Ican.

Want to refrain from mentioning what exactly was discussed.

 My predecessor Kuroda had met prime minister on regular basis, my meeting today was of same nature.

Market reaction

USD/JPY is attempting another take above 146.00 on Ueda’s comments. The pair is trading modestly flat on the day at 146.03, as of writing.

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