Japan’s lawmaker: Parliament Lower House to hold confirmation hearing for BoJ governor, deputies on Feb 24

Dhwani Mehta FXStreet

A Japanese lawmaker said on Thursday, the country’s Parliament Lower House will hold a confirmation hearing on the government nominees for the Bank of Japan (BoJ) governor and deputies on February 24.

Japan Parliament Lower House hearing for the BoJ governor will be held in the morning of February 24, deputies in the afternoon, the lawmaker added.

Citing Chief Cabinet Secretary Matsuno, the lawmaker said that “there was no information leakage in BoJ governor nomination process,” adding that the “government offered BoJ governor job to the candidate on February 13.

The lawmaker further said that the Lower House may broadcast online BoJ governor nominee's hearing if the candidate agrees.

Meanwhile, Japan's Upper House Steering Committee chief said the House's hearing date for the next BoJ governor nominee Kazuo Ueda and his deputies has not yet been decided.

Market reaction

USD/JPY is back below the 134.00 level, correcting in tandem with the US Dollar so far this Thursday. The spot is trading at 133.77, down 0.24% on the day, at the time of writing.

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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