Japanese Finance Minister Shunichi Suzuki said on Tuesday that it’s important to continue efforts to achieve fiscal health.
Japan ese Finance Minister Shunichi Suzuki saidon Tuesday that it’s important to continue efforts to achieve fiscal health. Suzuki stated that he’s interested in discussing Russia's sanctions at G7 summit, adding usage of frozen Russian assets needs to be in Market reaction At the time ofwriting,USD/PYis trading 0.09% higher on the day to trade at 157.17. Japan ese Yen FAQs What key factors drive the Japan ese Yen? The Japan ese Yen is one of the world’s most traded currencies.
The current BoJ ultra-loose monetary policy, based on massive stimulus to the economy, has caused the Yen to depreciate against its main currency peers. This process has exacerbated more recently due to an increasing policy divergence between the Bank of Japan and other main central banks, which have opted to increase interest rates sharply to fight decades-high levels of inflation.
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