[ad_1]
TOKYO (Reuters) – Bank of Japan board member Toyoaki Nakamura said on Wednesday the country’s economy would benefit if the dollar moves stably within the current range of around 103-115 yen.
“Compared to the past, exchange rate moves have been quite stable,” Nakamura told a news conference.
“For companies, what’s most important is for currency rates to move stably. If the dollar / yen moves within the current range (of around 103-115), that will make it easier for companies to make business decisions,” he added.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
[ad_2]
Source link
