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BOJ Governor Ueda to meet with PM Kishida

Published August 22, 2023 Updated August 22, 2023 10:05am
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Photo: REUTERS
Photo: REUTERS
By Reuters
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TOKYO: Bank of Japan Governor Kazuo Ueda will meet Prime Minister Fumio Kishida on Tuesday, Jiji news agency reported.

The dollar nudged slightly lower against the yen after the report.

The dollar has been hovering above 145 yen, a level that in September 2022 triggered Japan’s first yen-buying operation since 1998.

BOJ’s Ueda keeps free hand, says no time frame for achieving price goal

A week ago, Finance Minister Shunichi Suzuki warned against excessive volatility and said authorities would “respond appropriately to excessive moves”, but officials have mostly refrained from commenting on foreign exchange rates since.

The dollar was trading around 145.86 yen after the Jiji report.

Bank of Japan Fumio Kishida Kazuo Ueda

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