https://www3.nhk.or.jp/news/html/20221019/k10013863601000.html

Bank of Japan Governor Kuroda Yen Depreciation "Rapid and Unilateral Negative for Japan's Economy

Idham
Politics & Economic
Economic
Oct 19, 2022
192

Regarding the rapidly depreciating yen, Governor Kuroda of the Bank of Japan said at the Budget Committee meeting of the House of Councilors on 19 October 2022, "It is important for the exchange rate to remain stable, reflecting economic and financial fundamentals. The recent depreciation of the yen has been rapid and one-sided, making it difficult for companies to formulate business plans, increasing uncertainty about the future, and negatively impacting the Japanese economy. and we believe this is undesirable," he said.


Source: https://www3.nhk.or.jp/news/html/20221019/k10013863601000.html

Yen , Depreciation