USDJPY: It cannot be said with certainty that a weak JPY has a n
Bank of Japan Governor Ueda said:
It cannot be said that the weak yen will have a negative impact on the Japanese economy.
A weaker yen promotes domestic inflation due to higher import costs.
Weak yen has a positive impact on exports and profits of Japanese companies globally
We do not comment on exchange rate fluctuations
As we get closer to our inflation target, we will be discussing exit strategies and outlooks, including ETF purchases.
The Bank of Japan has no concrete plans to sell ETFs.
When we sell ETFs, we do so in a manner that minimizes market disruption and significant losses to the Bank of Japan's balance sheet.
It cannot be said that the weak yen will have a negative impact on the Japanese economy.
A weaker yen promotes domestic inflation due to higher import costs.
Weak yen has a positive impact on exports and profits of Japanese companies globally
We do not comment on exchange rate fluctuations
As we get closer to our inflation target, we will be discussing exit strategies and outlooks, including ETF purchases.
The Bank of Japan has no concrete plans to sell ETFs.
When we sell ETFs, we do so in a manner that minimizes market disruption and significant losses to the Bank of Japan's balance sheet.
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