TOKYO: Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday (Apr 26), in a fresh warning to speculators as the currency fell further after the central bank's widely expected decision to hold rates steady.
Japan ese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan , on, May 13, 2023. TOKYO: Japan is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday , in a fresh warning to speculators as the currency fell further after the central bank's widely expected decision to hold rates steady.
"The weak yen has both positive and negative impacts ," Suzuki told a press conference, adding that he is"more concerned about the negative effects right now." The yen's slide to 34-year lows against a broadly firmer dollar has been driven by wide US-Japan interest rate differentials. The yield-induced downturn in the yen has gained renewed momentum on signs the Bank of Japan will go slow on raising its near-zero rates and expectations the US Federal Reserve will likely delay the start of its rate-cutting cycle.Markets are now looking to any hints from BOJ Governor Kazuo Ueda on how the weak yen could affect the next rate hike timing.
Suzuki declined to comment on remarks made by US Treasury Secretary Janet Yellen that the US dollar has been strong and interventions by other governments in currency markets is acceptable only in rare and extraordinary circumstances.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Japan banks boost resilience to rising interest rates, BOJ saysTOKYO: Japanese banks have improved their resilience to rising interest rates by rebalancing domestic bond portfolios but growing real estate exposure poses a potential risk, the Bank of Japan said in its report on the financial system on Thursday (Apr 18).
続きを読む »
Inflation in Japan's capital falls below BOJ target, slows for 2nd monthTOKYO : Core inflation in Japan's capital slowed for a second month in April to fall below the central bank's 2 per cent target, data showed on Friday, complicating its decision on how soon to raise interest rates.
続きを読む »
Japan's March core inflation slows, weak yen complicates BOJ moveTOKYO: Japan's core inflation slowed in March and an index gauging broader price trends fell below 3 per cent for the first time in over a year, data showed on Friday (Aug 19), as analysts say yen weakness could complicate the central bank's policy deliberations.
続きを読む »
BOJ cuts economic assessment for 7 of Japan's 9 regionsTOKYO: The Bank of Japan cut its economic assessment for seven of the country's nine regions on Thursday (Apr 4), but said the economies were mostly picking up or recovering gradually.
続きを読む »
Japan's economy recovers to full capacity, keeps alive BOJ rate hike prospectsTOKYO : Japan's economic output recovered to full capacity for the first time in about four years in the October-December quarter, a positive sign that may allow the central bank to raise interest rates again.
続きを読む »
Japan's money printing slows as BOJ moves away from radical stimulusTOKYO: Japan's monetary base, or the amount of cash circulating in the economy, grew at the slowest annual pace in seven months in March, a sign the central bank was phasing out remnants of former Governor Haruhiko Kuroda's massive stimulus programme.
続きを読む »