The Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that foreign exchange is one of the important factors that affect economic price developments and the Japanese central bank will continue to work closely with the government to monitor FX movements and their impact on the economy and prices.
Key quotes
“Won't comment on short-term FX moves.”
“Does not directly target FX in guiding monetary policy.”
“FX is among the key factors that affect economic price developments.”
“BoJ will work closely with government, continue to carefully watch FX moves and their impact on economy, prices.”
“Various factors, including speculation over monetary policy moves at home and abroad, affect FX moves.”
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