Bank of Japan Governor Kazuo Ueda Highlights Importance of Stable FX Rates

Friday, 5 April 2024, 01:20

In a recent statement, Bank of Japan Governor Kazuo Ueda stressed the necessity for foreign exchange rates to remain stable, reflecting economic fundamentals. Ueda emphasized the impact of FX movements on economic price developments, highlighting the central bank's ongoing collaboration with the government to monitor and manage these fluctuations.

https://store.livarava.com/7ced5bf9-f2f4-11ee-895f-87cc5c87fb08.jpg — Bank of Japan Governor Kazuo Ueda Highlights Importance of Stable FX Rates

Bank of Japan Governor Kazuo Ueda Emphasizes Stability in FX Rates

The Bank of Japan (BoJ) Governor Kazuo Ueda emphasized the importance of maintaining stability in foreign exchange rates in order to accurately reflect economic fundamentals. Ueda highlighted the significant impact of FX movements on economic price developments, underscoring the necessity for close collaboration between the central bank and the government.

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