The Bank of Japan (BoJ) published its Financial System Report on Wednesday, noting that “Japan’s financial system has been maintaining stability on the whole.”
Additional takeaways
- Financial institutions need to be vigilant against materialization of various risks.
- Since the beginning of April, financial markets at home and abroad have fluctuated significantly.
- Considering that Japanese banks have a certain amount of market risk associated with stockholdings, developments in asset prices warrant attention.
Market reaction
At the time of writing, USD/JPY is up 0.10% on the day at 141.70.
Source: https://www.fxstreet.com/news/boj-japans-financial-system-has-been-maintaining-stability-on-the-whole-202504230710