Japan's central bank will be 'alarmed' if yen crosses 130 per dollar, says ex-vice minister - CNBC
4/5/2022 12:00:00 AM3 yearsago
by Eustance Huang
by Eustance Huang
The Japanese yen has weakened for weeks amid expectations the Bank of Japan would be slower than other central banks in tightening monetary policy.
The Bank of Japan will be "alarmed" if the yen weakens beyond 130 per dollar, according to Japan's former vice minister of finance for international affairs, Eisuke Sakakibara. The yen was trading a… [+3029 chars]
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