FILE PHOTO: A man walks past the Bank of Japan building in Tokyo March 17, 2010. REUTERS/Toru Hanai
February 9, 2022
TOKYO (Reuters) – Bank of Japan board member Toyoaki Nakamura said on Wednesday the country’s economy would benefit if the dollar moves stably within the current range of around 103-115 yen.
“Compared with the past, exchange rate moves have been quite stable,” Nakamura told a news conference.
“For companies, what’s most important is for currency rates to move stably. If the dollar/yen moves within the current range (of around 103-115), that will make it easier for companies to make business decisions,” he added.
(Reporting by Leika Kihara; Editing by Jacqueline Wong)
Source: One America News Network
