64% of Japanese manufacturers surveyed by BOJ prefer stable currency market, and 54% prefer stable inflation and growth amid yen's 34-year lows.
64% of Japanese manufacturers surveyed by the Bank of Japan (BOJ) want the central bank to prioritize keeping the currency market stable, while 54% prefer stable inflation and economic growth. The outcome highlights concerns about the yen's movements and their impact on profits, as the currency trades near 34-year lows. The survey results underscore Governor Kazuo Ueda's challenge after the currency dropped the most among major currencies this year.
May 20, 2024
8 Articles