- Japan’s Matsuno: Yen’s recent weakening could have an immediate impact on economy
Market news
31 tháng 3 2022
Japan’s Matsuno: Yen’s recent weakening could have an immediate impact on economy
Japan’s Chief Cabinet Secretary Hirokazu Matsuno warned on Thursday about the ill effects of the ongoing depreciation in the yen on the economy.
Key quotes
Yen’s recent weakening could have an immediate impact on Japan's economy.
Closely watching how FX is moving.
There is a sense of urgency.
FX stability is important.
Read: BOJ offers to buy unlimited amounts of 10-Year JGBs at 0.25%
Market reaction
As of writing, USD/JPY is trading around 122.10, up 0.27% on the day.
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