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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 Minutes: Members: Positive Impact Of Weak Yen
Some Bank of Japan board members judged that the weak yen has positively affected Japan’s economy as a whole through an increase in profits from businesses overseas and a rise in stock prices, the minutes of the Oct. 27-28 meeting released on Wednesday showed.
“Some members expressed the view that the depreciation had positively affected Japan's economy as a whole through an increase in profits from business conducted overseas and a rise in stock prices, although its effect of pushing up exports had declined,” the minutes said.
The minutes showed that they agreed with the view made by BOJ Governor Haruhiko Kuroda who has said that the weak yen has positive impact on Japan.
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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.