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- BOJ raises assessment for all of Japan’s nine regions
BOJ raises assessment for all of Japan’s nine regions
In its quarterly survey on regional economies, the Bank of Japan (BOJ) raised the economic assessment for nine of Japan’s nine regions.
Key takeaways
It’s a sign of “confidence that a recent resurgence in coronavirus infections would not derail the country's fragile recovery.”
"All of the regions said their economies were picking up or showing signs of a pick-up as the hit to service consumption from the pandemic eases somewhat."
Market reaction
USD/JPY is stuck in a narrow range of around 115.35, up 0.06% on the day.
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