When will the yen depreciation end...
The Bank of Japan has decided to lift the negative interest rates, but with a sense of exhaustion in materials and the interest rate difference between Japan and the United States, the current situation is that the yen is depreciating to 151 yen.
However, the Governor of the Bank of Japan has made reckless comments allowing the depreciation of the yen since last year, the Minister of Finance has shown no intention of intervening in the exchange rate, just empty threats. It would be preferable for the yen to be a bit stronger, but it seems like the policy doesn't care about the livelihood of the citizens, I wonder. 🤔
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