- Analytics
- News and Tools
- Market News
- Japan’s Yamamoto: A weak yen is beneficial for the economy, boosts competitiveness
Japan’s Yamamoto: A weak yen is beneficial for the economy, boosts competitiveness
“A weak yen is beneficial for the economy, as it boosts competitiveness,” Kozo Yamamoto, a senior member of new Prime Minister Fumio Kishida's government party, said on Thursday.
Additional quotes
“Govt must compile stimulus package worth at least 32 to 33 trillion yen and funded mostly by long-term JGBs.”
“Capital gains tax must eventually be raised, debate on details to take at least until fiscal 2023.”
“BOJ should aggressively buy JGBs to help fund big fiscal spending.”
“Must move swiftly towards issuing central bank digital currency to protect sovereignty over yen.”
“Issuing CBDC requires BOJ law revision, an opportunity to add job growth to BOJ mandate.”
“Weak yen is beneficial for the economy, boosts Japan’s global competitiveness.”
Market reaction
USD/JPY is hitting fresh highs on these comments, adding 0.25% on the day at 113.54, as of writing.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
