• Japan’s PM Kishida: Weak yen has both merits and demerits

Notícias do Mercado

22 novembro 2022

Japan’s PM Kishida: Weak yen has both merits and demerits

Japan Prime Minister Fumio Kishida said in a statement on Tuesday, “weak yen has both merits and demerits.”

Additional quotes

No comment on FX rates.

Weak yen boosts exporters' profits, hurts consumers and some businesses through higher import costs.

Market reaction

USD/JPY is unfazed by the above comments, trading -0.20% on the day at 141.85, as of writing.

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