The Bank of Japan's governor, Kuroda, said that the recent trend toward yen depreciation "I think the exchange rate fluctuations this time are a little steep," and said that he would carefully examine the impact of the depreciation of the yen on households and businesses. rice field.
At the Finance and Finance Committee of the House of Representatives on the morning of the 5th, Governor Kuroda was asked why the yen weakened and the dollar strengthened by about 10 yen in the foreign exchange market in the past month or so. It's difficult to explain because of various factors, but I think the exchange rate fluctuations this time are a little steep. "
On that basis, Governor Kuroda reiterated the recognition that the depreciation of the yen will be positive for the Japanese economy as a whole. It will lead to deterioration of profits of type companies and will be a factor to push down the economy. "
However, the recent rise in import prices is more affected by the rise in resource prices than the depreciation of the yen, and the rise in prices due to rising costs for companies and households may have a negative impact on the economy. He emphasized the attitude of continuing relaxation.Keywords: