BOJ Deputy Governor to Watch Yen Impact on Inflation
Deputy Governor Ryozo Himino says the BOJ will monitor yen moves closely. He noted exchange-rate fluctuations now have a larger impact on prices than in the past.
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Bank of Japan Deputy Governor Ryozo Himino stated on Friday that the central bank is maintaining a close watch on the US Dollar / Japanese Yen exchange rate due to its potential repercussions on the broader economy. Speaking before parliament in Japan, Himino highlighted that currency volatility is increasingly influencing underlying inflation and how the public perceives future price trends.
