JAPAN’S TOP FX DIPLOMAT KANDA: MUST BRACE FOR HIGHER INTEREST RATES ENVIRONMENT

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Japan's top currency diplomat Masato Kanda said on Tuesday, we “must brace for higher interest rates environment given assumed interest rates raised to 1.9% from 1.1%.”

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Must strive for responsible fiscal management by achieving primary budget balancing in FY2025/26.

International global order faces mounting challenges including that posed by "global south".

We must maintain unwavering solidarity including support for Ukraine.


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