BOJ’s Kuroda says must watch FX impact on economy

Reuters

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank must closely watch how financial and currency market moves could affect the country’s economy and prices.

“Japan’s economy is likely to recover as the impact of the coronavirus pandemic and supply constraints ease,” Kuroda said in a speech to an annual meeting of credit unions.

“Uncertainty over Japan’s economic outlook is extremely high,” he added, pointing to risks such as the fallout from the pandemic, the war in Ukraine and overseas economic developments.

Related News:   Israel has not received everything it has asked for, top US general says

(Reporting by Sakura Murakami and Leika Kihara; Editing by Jacqueline Wong)

tagreuters.com2022binary_LYNXMPEI9K06W-BASEIMAGE


You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.