Weak yen vexes Team Kishida as inflation looms over election

Currency barely budges from 20-year low after comments from BOJ's Kuroda

Prime Minister Fumio Kishida has cited steep price increases for imports as a main cause of accelerating inflation while noting that "exchange rates have had an impact." © Kyodo

KENICHI ONOZAWA, Nikkei staff writer

April 19, 2022 03:08 JST

TOKYO -- The yen continued its slide Monday despite top Japanese officials voicing rare warnings about the drawbacks of a sharp depreciation, as Prime Minister Fumio Kishida's government fears that inflation could turn voters sour.