On October 20, Finance Minister Masato Kanda (Photo 9) was asked whether he had decided to intervene in the foreign exchange market after the yen temporarily hit 150 yen to the dollar. No,” he said at the Ministry of Finance in Tokyo, January 2022. REUTERS/Issei Kato [TOKYO (Archyde.com)]- Finance Minister Masato Kanda responded to reporters … Read more
[Tokyo 8th Archyde.com]- The strong dollar and the weak yen cannot be stopped. This move will further push up Japan’s import prices, keep the consumer price index (excluding fresh food, core CPI) high, and increase the downward pressure on private consumption. There is a growing view in the market that even if the yen-buying intervention … Read more
The ruble was sold in the Russian market on the 25th of the week and exceeded 58 rubles against the dollar. Taken in February (2022 Archyde.com / Dado Ruvic) [モスコー ２５日 ロイター] –The ruble was sold in the Russian market on the 25th of the week and exceeded 58 rubles against the dollar. With tax … Read more
By the 24th, a Treasury official said that it was “not true” about some reports that he had discussed a coordinated intervention in foreign exchange at the previous Japan-US finance ministers’ meeting. After returning, he told Archyde.com on condition of anonymity. The photo was taken in June 2017 (2022 Archyde.com / Thomas White / Illustration) … Read more
[Archyde.com]-Russian Central Bank Governor Elvira Nabiullina has signaled an additional rate cut on the 18th. He also said that inflation will return to its target of 4% in 2024. On April 18, Central Bank of Russia Governor Elvira Nabiullina (pictured) pointed out that the Russian economy has a limited duration of financial reserves and needs … Read more
[Tokyo 1st Archyde.com]–The Bank of Japan is making every effort to stop the rise in long-term interest rates. There is no doubt that the strong will of Haruhiko Kuroda, the governor of the Bank of Japan, is working there. Kuroda’s belief that premature monetary easing amendments are “harmful” to the Japanese economy can be seen … Read more
On March 29, the Russian Ministry of Finance announced that it had fully paid interest on Eurobonds redeemed in 2035. Taken in front of the Russian Ministry of Finance in March 2021 (2022 Archyde.com / Maxim Shemetov) [Archyde.com]–The Russian Ministry of Finance announced on the 29th that it has fully paid interest on Eurobonds redeemed … Read more
On March 2, the Russian currency ruble fell again above $ 1 = 100 rubles in the same day’s trading, heading for a record low. Taken on February 24 (2022 Archyde.com / Dado Ruvic) [Archyde.com]-Russian currency ruble has fallen above 100 rubles again in the transaction on the 2nd, heading for a record low. Meanwhile, … Read more