Source: CCTV News Client
On the afternoon of the 20th local time, according to Japanese Kyodo News and other media reports, Japanese Prime Minister Kishida Fumio and Bank of Japan Governor Kuroda Haruhiko held talks at the Prime Minister’s Residence and discussed the recent foreign exchange market. Dongxiang and others exchanged views. After the meeting, Fumio Kishida said that they mentioned that the sharp depreciation of the yen was a worrying issue during the meeting.
Haruhiko Kuroda also said that the sharp depreciation of the yen has brought various uncertainties to the business plans of Japanese companies, and he does not want this situation to continue. He said he would pay attention to the trends in the foreign exchange market and cooperate with the government to respond.
Recently, the exchange rate of the Japanese yen against the US dollar has been declining. At the beginning of last week, the yen's exchange rate against the U.S. dollar once fell to 135.58 yen per U.S. dollar, a new low in the past 24 years. Japanese experts said that this year the United States has raised interest rates at an unprecedented rate, and a large amount of funds flowing into the international market have returned to the United States; while Japan continues to maintain an ultra-easy monetary policy, causing the foreign exchange market to buy a large number of U.S. dollars and sell Japanese yen, which is what triggered this One of the main reasons for the depreciation of the Japanese yen.
