BOJ Official: Coronavirus outbreak is inflicting severe damage on Japan’s regional economies

Dhwani Mehta FXStreet

A Bank of Japan (BOJ) official is now on the wires, via Reuters, expressing his take on the Japanese economy following the release of the central bank’s economic assessment report.

Key quotes

Coronavirus outbreak is inflicting severe damage on Japan’s regional economies.

Must scrutinize impact of pandemic on regional economy as developments could change sharply.

It is first time since January 2009 for BOJ to cut economic assessment of all 9 regions.

BOJ downgrades economic assessment for all nine regions amid coronavirus crisis

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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