News: 2024.03.27
The yen fell to its lowest level in more than 33 years. The Bank of Japan, the Financial Services Agency and the Ministry of Finance held emergency meetings, and the market was concerned that the risk of the Bank of Japan's intervention in the foreign exchange market was rising. Makoto Kanda, financial officer of the Ministry of Finance, said that the trend of the yen does not reflect the true face of the Japanese economy and will pay close attention to the currency market trends.
The Bank of Japan attaches great importance to the impact of foreign exchange market trends, because currency market fluctuations will not only affect the economy, but also affect price trends. The central bank has prepared to respond to the instability of the foreign exchange market through monetary policy to ensure stable economic development.
The Bank of Japan will respond to currency market fluctuations through monetary policy to maintain economic stability. The central bank will pay close attention to foreign exchange market trends and take appropriate measures based on the situation to ensure that the economy is not affected by foreign exchange market fluctuations.
The market is concerned about the risk of the Bank of Japan intervening in the currency market and is worried that the central bank's actions may have an adverse impact on the market. However, the central bank said it would take appropriate measures to ensure the stability of the foreign exchange market and maintain the good operation of the economy.
Makoto Kanda, Financial Officer of the Ministry of Finance, said that the trend of the yen does not reflect the true face of the Japanese economy, so the Ministry of Finance will pay close attention to the trends in the foreign exchange market and take necessary measures to deal with the fluctuations in the foreign exchange market to ensure the stable development of the economy.