TOKYO—The yen’s recent declines have been driven by fundamentals and would be no reason for Japan to change its economic policy, including the central bank’s ultra-low interest rates, a senior International Monetary Fund (IMF) official said. The remarks highlight the difficulty Tokyo may face if it sought international consent to intervene in the currency market…
IMF Says Yen Falls Driven by Fundamentals, Urges BOJ to Keep Easy Policy
April 22, 2022
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