net_left adver left

BOJ deputy governor repeats vigilance of FX impact on economy

Friday, June 24, 2022
BOJ deputy governor repeats vigilance of FX impact on economy © Reuters. FILE PHOTO: Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019. REUTERS/Issei Kato

By Leika Kihara

TOKYO (Reuters) -The Bank of Japan must closely watch the impact currency moves could have on the economy, its deputy governor Masayoshi Amamiya said on Friday, reiterating a warning over the damage the currency's fall to 24-year lows may have on a fragile recovery.

Amamiya said the world's third-largest economy was picking up as a trend but faced "extremely high" uncertainty due to the fallout from the Ukraine crisis and rising commodity prices.

"Against this background, we must closely watch the impact financial and currency market moves could have on Japan's economy and price," Amamiya said in a speech.

"The BOJ will continue to support the economy with monetary easing to achieve its inflation target in a sustained, stable manner accompanied by wage rises," Amamiya said in a speech.

The dollar slipped to 134.795 yen on Friday as investors assess whether aggressive U.S. interest rate hikes could trigger a recession, retreating from a 24-year high of 136.71 reached on Wednesday.

A weak yen has emerged as a headache for Japanese policymakers as it inflates the cost of already rising fuel and raw material imports, hurting retailers and households still just emerging from the COVID-19 pandemic's pain.

Amamiya also said short-term funding strains caused by the pandemic have now subsided. But he warned that recent rises in commodity prices could squeeze corporate profits and lead to rising credit costs for financial institutions.

In December last year, the BOJ dialled back emergency pandemic funding aimed at assisting cash-strapped firms.

But the central bank extended until September a deadline for a relief scheme targeting small firms. It is expected to decide as early as next month's policy meeting whether to end the scheme as scheduled, or extended the deadline again.

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
07-07-2022 22:58:39 (UTC+7)

EUR/USD

1.0155

-0.0026 (-0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

EUR/USD

1.0155

-0.0026 (-0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

GBP/USD

1.1992

+0.0062 (+0.52%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

USD/JPY

136.01

+0.07 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.6826

+0.0050 (+0.75%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/CAD

1.2987

-0.0050 (-0.38%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

138.12

-0.26 (-0.18%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

0.9886

+0.0006 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (1)

Gold Futures

1,738.55

+2.05 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Silver Futures

19.195

+0.036 (+0.19%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Copper Futures

3.5465

+0.1385 (+4.06%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

104.07

+5.54 (+5.62%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (7)

Brent Oil Futures

106.06

+5.37 (+5.33%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

Natural Gas Futures

6.231

+0.721 (+13.09%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

US Coffee C Futures

218.70

-0.50 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

3,488.55

+66.71 (+1.95%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (7)

S&P 500

3,890.03

+44.95 (+1.17%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

DAX

12,843.22

+248.70 (+1.97%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (2)

Sell (3)

FTSE 100

7,186.40

+78.63 (+1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Hang Seng

21,643.58

+56.92 (+0.26%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

1,764.30

+34.06 (+1.97%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

IBEX 35

8,122.50

+173.90 (+2.19%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (2)

Sell (6)

BASF SE NA O.N.

41.300

+1.550 (+3.90%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

56.59

+0.40 (+0.71%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Allianz SE VNA O.N.

178.46

+2.96 (+1.69%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (1)

Adidas AG

169.28

+4.74 (+2.88%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Deutsche Lufthansa AG

5.764

+0.254 (+4.61%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

97.71

+1.66 (+1.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Deutsche Bank AG

7.983

+0.295 (+3.84%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

 EUR/USD1.0155↑ Sell
 GBP/USD1.1992↑ Sell
 USD/JPY136.01↑ Buy
 AUD/USD0.6826↑ Sell
 USD/CAD1.2987↑ Buy
 EUR/JPY138.12Neutral
 EUR/CHF0.9886↑ Buy
 Gold1,738.55↑ Sell
 Silver19.195↑ Sell
 Copper3.5465↑ Buy
 Crude Oil WTI104.07Neutral
 Brent Oil106.06Sell
 Natural Gas6.231↑ Buy
 US Coffee C218.70↑ Sell
 Euro Stoxx 503,488.55↑ Sell
 S&P 5003,890.03↑ Buy
 DAX12,843.22Neutral
 FTSE 1007,186.40↑ Sell
 Hang Seng21,643.58↑ Buy
 Small Cap 20001,764.30↑ Buy
 IBEX 358,122.50Neutral
 BASF41.300↑ Buy
 Bayer56.59Sell
 Allianz178.46↑ Buy
 Adidas169.28↑ Buy
 Lufthansa5.764↑ Buy
 Siemens AG97.71↑ Buy
 Deutsche Bank AG7.983↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,765/ 6,825
(-5/ -5) # 1,893
SJC HCM6,785/ 6,845
(0/ 0) # 1,914
SJC Hanoi6,785/ 6,847
(0/ 0) # 1,916
SJC Danang6,785/ 6,847
(0/ 0) # 1,916
SJC Nhatrang6,785/ 6,847
(0/ 0) # 1,916
SJC Cantho6,785/ 6,847
(0/ 0) # 1,916
Cập nhật 07-07-2022 22:58:41
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,740.34-24.58-1.39%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V33.36034.020
RON 95-III32.76033.410
E5 RON 92-II30.89031.500
DO 0.05S29.61030.200
DO 0,001S-V30.41031.010
Dầu hỏa 2-K28.35028.910
ↂ Giá dầu thô thế giới
WTI$101.52-5.77-6.03%
Brent$104.55-5.71-5.78%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.180,0023.490,00
EUR23.177,9524.476,02
GBP27.204,7528.365,03
JPY166,93176,72
KRW15,5318,93
Cập nhật lúc 18:49:11 07/07/2022
Xem bảng tỷ giá hối đoái
adver main right