Japan PM Kishida: Important to link weak yen to economic recovery

Japanese Prime Minister Fumio Kishida said on Wednesday, “important to link weak yen to economic recovery by reopening inbound tourism, corporate reshoring.”
Additional quotes
Ready to speak with North Korea's Kim without any preconditions.
Japan's economic sanctions against North Korea having some impact.
Specific monetary policy tools are up to BOJ to decide, including the exit of easing.
No comment on FX rates.
No decision has been made on japan-china leaders' meeting at the moment.
Economy is picking up moderately, but global economic slowdown is a big risk.
Energy, food inflation due to russia’s invasion of Ukraine, weak yen are big risks to economy.
To create robust economic structure amid yeak yen, including reshoring business investments, expanding agricultural exports.
Tourism is pillar of japan's growth, working on revival of inbound demand.
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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.

















