Stock Groups

BOJ’s Kuroda says weak yen may be hurting households more than before -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – Bank of Japan Governor Haruhiko Koroda attended a press conference in Tokyo at the BOJ Headquarters, Japan on July 30, 2019. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO, Reuters – Japan’s weak yen could be making it harder for households to make a living by driving up costs of living, Haruhiko Kuroda, chief bank chief, said Thursday.

The weak currency is still helping to boost economic growth. However, Kuroda (the governor of Bank of Japan) added some words in a speech.

He said that Japan’s benefits from a decline in the yen are generally greater than the costs.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes, charts, or buy/sell signal information. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]