Live Breaking News & Updates on Japanese Economy Boost

The Pound to Japanese Yen exchange rate held steady today, with the pairing currently fluctuating around ¥142.000.
The Japanese Yen benefited from news that Japan’s economy could recover to levels seen before the Covid-19 pandemic as early as this March.
Bank of Japan (BoJ) Governor Haruhiko Kuroda explains:
‘Both fiscal and monetary policies have been successful in preventing corporate failures and unemployment.
‘We expect, probably by the end of fiscal 2021 or early fiscal 2022, that Japan s economy would recover and come back to levels before the pandemic started.’
As a result, Japanese Yen investors are now more confident that Japan – the third-largest economy – could begin recover in the next few months. ....

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