At the same time, traditional concerns about a strong yen among bureaucrats, politicians and businesspeople are now being replaced by fears of a "bad weakening of the yen."
By Leika Kihara TOKYO (Reuters) -Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his
Japan's recovery from the COVID-19 economic fallout is at a crossroads as surging raw material costs, driven by the war in Ukraine and amplified by a weak yen, are beginning to cool corporate sentiment. Despite emerging evidence of companies passing on higher energy, commodity and grain prices to consumers, many…
Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his final year at the helm, eight sources said, despite political pressure to.
The BOJ's dovish signals may give markets a chance to drive down the yen further, as prospects of steady policy tightening by the Federal Reserve widen the Japan-U.S. interest rate gap.