Speech by Yutaka Yamaguchi, Bank of Japan, 3 July

SPEECH - In a speech titled 'Central Banking in Uncharted Territory' Yamaguchi said that "the US dollar reached its peak in January and has been depreciating significantly since then. Such a forex rate movement reflects these changes in global capital flows such as declines in direct investment into the US in favour of the euro zone".

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Remarks by Yutaka Yamaguchi, Deputy Governor of the Bank of Japan, at the Foreign

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