Bank of Japan deputy governor Uchida:

• will continue raising interest rates if likelihood of achieving economic, price outlook rises
• essential for foreign exchange to move in a stable way

I posted earlier on the Bank of Japan’snext meeting:

• The next Bank of Japan meeting is likely a ‘live one’ given stick high food prices

This article was written by Eamonn Sheridan at www.forexlive.com.

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