BOJ/Ueda: We Will Take Exchange Rate Movements Seriously

Forex - Bank of Japan Governor Kazuo Ueda stated that the BOJ will take currency movements "seriously" into account when compiling economic and price forecasts. Regarding monetary policy, Ueda reiterated that the BOJ will reach decisions on a "meeting-by-meeting" basis based on current information. Noting that there is one month until the next policy meeting in December, Ueda also emphasized that there will be more information to digest by then. Ueda said, "We are seriously considering currency movements, including questions about what is causing the current fluctuations, while shaping our economic and inflation outlook."