BOJ’s Nakamura: Weak yen is positive for Japan’s exports, raises costs for imports

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BOJ’s Nakamura: Weak yen is positive for Japan’s exports, raises costs for imports

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    Bank of Japan (BOJ) board member Toyoaki Nakamura is back on the wires now, via Reuters, expressing his view on the yen and the impact of the Fed rate hikes on the economy.

    At the time of writing, USD/JPY keeps its range around 136.70, unfazed by these comments. The spot is down 0.32% on the day.

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