Amid the accelerating depreciation of the yen in the foreign exchange market, Bank of Japan Governor Kuroda visited the Prime Minister's official residence and met with Prime Minister Kishida on the 9th.
After the meeting, Governor Kuroda said, ``I think it's a drastic change if it fluctuates by 2 or 3 yen a day,'' indicating that the recent depreciation of the yen represents a drastic change.
Bank of Japan Governor Kuroda had a meeting with Prime Minister Kishida at the Prime Minister's official residence from before noon on the 9th.
After the meeting, Governor Kuroda said that he regularly explained recent trends in the financial and capital markets, and added, "We also talked about trends in the foreign exchange market. Prime Minister Kishida did not give any specific instructions or requests." said.
In addition, regarding recent trends in the foreign exchange market, he said, "I will refrain from commenting on levels and market movements, but I believe that sudden fluctuations in the exchange rate destabilize corporate management policies and increase future uncertainty. I don't think it's good in a sense. I will continue to pay close attention to trends in the foreign exchange market."
After that, he said, "I think it's a drastic change if it moves by 2 or 3 yen a day," indicating that the recent depreciation of the yen is a drastic change.
It has been about three months since Governor Kuroda of the Bank of Japan met with Prime Minister Kishida this June.