Wednesday, February 20, 2013

BOJ board member says yen fall is helping exports





Bank of Japan policymaker Yoshihisa Morimoto reassured markets of the central bank’s resolve to push on with monetary easing as a weaker yen and a pick-up in global demand look to be boosting the export-reliant economy.


Morimoto, a former utility executive, said the government also had a role in beating deflation, such as through deregulation and reforms to encourage more investment in new business areas.









via Business feed http://www.scmp.com/business/economy/article/1154554/boj-board-member-says-yen-fall-helping-exports

No comments:

Post a Comment