4.5 C
New York
Saturday, December 3, 2022

BOJ’s Kuroda says must watch FX impact on economy

BOJ's Kuroda says must watch FX impact on economy
© Reuters. FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda speaks at a news conference after a Monetary Policy Meeting in Tokyo, Japan in this photo provided by Kyodo on September 22, 2022. Mandatory credit Kyodo/via 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.

Source: Investing.com

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,282FansLike
12,893FollowersFollow
744FollowersFollow
- Advertisement -

Latest Articles

Popular Articles