#Bank_of_Japan #Governor #Kazuo #Ueda said on Thursday the central bank will scrutinise the yen’s recent declines in guiding monetary policy.
“#Sharp (#OTC:#SHCAY), one-sided yen falls are negative for the #economy and therefore undesirable,” as it makes it difficult for companies to set business plans, #Ueda told parliament.
“If currency volatility affects, or risks affecting, trend inflation, the BOJ must respond with monetary policy,” he said.
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