Japan’s Aso: Economy remains in severe situation due to COVID-19
|The economy remains in a severe situation due to the COVID-19 pandemic, Japanese Finance Minister Taro Aso said at a meeting with banking industry representatives on Monday.
Additional quotes
“Companies’ funding needs are expected to rise as year-end approaches.“
“It’s true some companies are still struggling with financing.”
“Want banks to lend ear to businesses in need of financing help.”
Market reaction
USD/JPY keeps losses below 104.00, now trading at 103.90, down 0.15% on the day.
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