BoJ Osaka Branch Manager: Important for FX rates to move stably reflecting fundamentals BOJ CentralBanks USDJPY Currencies
The Bank of Japan Osaka Branch Manager Hirohide Koguchi made some comments on the exchange rate value in a news conference on Thursday.“Weak yen has helped boost big manufacturers' profits, support inbound tourism.”
“Tourists from China not rising much so far, but those from Europe, US and Southeast Asia clearly increasing in Kansai Western Japan region.”BoJ to review side effects of its massive monetary easing at its policy meetings next week – Yomiuri If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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