BOJ will be vigilant to yen moves, impact on inflation, deputy governor says
FILE PHOTO: Bank of Japan Deputy Governor Ryozo Himino speaks during an interview with Reuters in Tokyo, Japan, June 28, 2023. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO, March 6 : Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will be vigilant to yen moves as they could affect underlying inflation and public perceptions of future price moves.
"We need to be mindful that exchange-rate fluctuation has a bigger impact on price moves than in the past. Through this channel, they could affect inflation expectations and underlying inflation," Himino told parliament.
Source: Reuters
