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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ Kuroda: Weak Yen Positive To Economy, Prices
Bank of Japan Governor Haruhiko Kuroda said on Tuesday that a weak yen has a net positive impact on economic activity and prices and the picture hasn’t changed from similar remarks recently.
“Foreign exchange rates should move stably reflecting economic fundamentals. The weak yen contributes to boosting economic activities and prices,” Kuroda told reporters, see: MNI INSIGHT: BOJ Unruffled On Yen, Eyes Govt Reax If 120 Hit.
However, Kuroda said that the BOJ must pay attention to developments as the impact of a weaker yen depends on industries and businesses. He also said a discussion of policy normalisation isn’t linked to the end of his term in April 2023.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.