Bank of Japan Governor Haruhiko Kuroda said on Thursday the biggest factor defin...
FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends the Paris Europlace International Financial Forum in Tokyo, Japan, November 19, 2018. REUTERS/Toru Hanai/File Photo
TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Thursday the biggest factor defining market trust in the yen is investors’ confidence that the central bank is committed to achieve price stability. “Currency rates move on various factors, so it’s hard to judge market trust in the yen by looking at exchange-rate fluctuations alone,” Kuroda told parliament.
“Confidence in the central bank’s policy is a big factor behind market trust in the country’s currency,” he said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BOJ board debated pros, cons of more easing at March meeting: minutesBank of Japan policymakers remained divided on how quickly to ramp up stimulus t...
Read more »
Gold declines as Trump’s China tariff threat rattles markets, lifts the yenGold prices move lower on Monday, with the precious metal failing to garner support even as investors back away from equities and oil on fears U.S. trade...
Read more »
Oil prices dip on record U.S. output, but global market tenseOil prices fell on Thursday, pulled down by record U.S. crude production that le...
Read more »
BOJ board debated pros, cons of more easing at March meeting: minutesBank of Japan policymakers remained divided on how quickly to ramp up stimulus t...
Read more »
In wake of deadly attacks, Sri Lanka president vows stability before voteSri Lanka President Maithripala Sirisena said on Saturday the security forces wo...
Read more »
In wake of deadly attacks, Sri Lanka president vows stability before voteSri Lanka President Maithripala Sirisena said on Saturday the security forces wo...
Read more »
Dollar hovers near six-week low vs. yen as U.S.-China trade talks awaitedThe dollar hovered near a six-week low versus the yen early on Thursday, weighed...
Read more »
Yen firms to six-week high on growing trade worries, NZ dollar dipsGrowing fears about the impact of a worsening U.S.-Sino trade conflict on global...
Read more »
Asian nations to consider adding yuan, yen to regional swap deal: NikkeiAsian finance leaders agreed to consider adding the Chinese yuan and the Japanes...
Read more »
Yen edges up to highest since late March on growing trade worriesGrowing fears about the impact of a worsening U.S.-Sino trade conflict on global...
Read more »
Gundlach says stock market still in a bear market, sees high chance of tariff hikeJeffrey Gundlach of DoubleLine says stocks continue to behave like they’re in a bear market and that there’s a more-than-50% probability the U.S. raises tariffs on Chinese goods, escalating the trade conflict.
Read more »