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THE dollar weakened by 0.27% to 90.61, marking the fourth consecutive week of decline.
TOKYO: The Bank of Japan (BoJ) left its main policy levers unchanged and took a more optimistic view of the growth outlook while cutting its price forecast for this year as the world’s third-largest economy enters a renewed virus emergency.
TOKYO (Reuters) -Japan's government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about two weeks, according to media reports, underscoring its struggle to deal with a surge in new COVID-19 case numbers.
China sought to allay fears it wants to topple the dollar as the world’s main reserve currency as Beijing makes bigger strides in creating its own digital yuan.
TOKYO: Japan’s economy was picking up but any recovery was likely to be modest due to lingering caution over the coronavirus pandemic, Bank of Japan (BoJ) governor Haruhiko Kuroda warned.
TOKYO: The Bank of Japan (BoJ) is highly unlikely to deepen its negative interest rate without a fresh economic crisis on a massive scale, according to former board member Makoto Sakurai, whose term ended last month.
Even as it tapers, BoJ invents new measure to boost growth
TOKYO: The Bank of Japan (BoJ) must seek ways to encourage corporate investment to promote digitalisation and a carbon-free society, according to one of its board members at a January meeting, suggesting that the idea could emerge as a future policy option.Meeting for a rate review weeks after the government rolled out fresh curbs to prevent the spread of the coronavirus pandemic, BoJ policymakers warned of various risks that cloud their projections of a moderate economic recovery.
HARUHIKO Kuroda (pic) really, really wants you to believe he isn’t remotely finished juicing Japan’s economy
THE dollar closed the week stronger, rising 0.20% to 91.86 – hovering at a one-week high propelled by higher UST yields – jumping to its highest level in more than a year as rising optimism faster US economic recovery amid fears of higher inflationary pressure overshadowed Federal Reserve’s dovish stance.