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Japanese Yen Weakens Under BOJ’s Supervision
As reported by Market Leader (US)
The Japanese economy keeps feeling the external pressure caused by the global economic slowdown. Therefore, the Bank of Japan will have to become more attentive when monitoring the impact of the fluctuations in the JPY market on the national economy. This is the conclusion made by the central bankers during the latest quarterly meeting.
According to Masaaki Shirakawa, Governor of the Bank of Japan, the global economic situation has recently improved a little as more investors are more willing to invest in risky assets. However, negative scenarios are still capable of manifesting themselves. Read more...
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