BOJ's Nakamura says stable $/yen moves good for economy
Reuters
Published Feb 09, 2022 01:37AM ET
TOKYO (Reuters) - Bank of Japan board member Toyoaki Nakamura said on Wednesday the country's economy would benefit if the dollar moves stably within the current range of around 103-115 yen.
"Compared with the past, exchange rate moves have been quite stable," Nakamura told a news conference.
"For companies, what's most important is for currency rates to move stably. If the dollar/yen moves within the current range (of around 103-115), that will make it easier for companies to make business decisions," he added.
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Written By: Reuters
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