Speech by Masaru Hayami, Governor, Bank of Japan

SPEECH - In the speech titled 'Toward Revitalization of Japan's Economy' Hayami said it was neither possible nor desirable for Japan to try manipulating foreign exchange rates, maintaining that a weaker yen was no solution to its economic woes.

Speech given by Masaru Hayami, Governor of the Bank of Japan, at the Keizai (Economic) Club on 29 January.

Toward Revitalization of Japan's Economy

Introduction

I am grateful to have the opportunity to talk to this meeting. Japan's economy will enter a

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