September 2, 2020  Bank of Japan  Japan's Economy and Monetary Policy Speech at a Meeting with Business Leaders in Saga (via webcast)  WAKATABE Masazumi Deputy Governor of the Bank of Japan (English translation based on the Japanese original)  Introduction Good morning.
In addition to the financial market turbulence, the problems in the financial sector and the economic downturn, we would be facing potentially large fluctuations between Europe’s national currencies. In fact, the currencies of some of the countries outside the euro area have experienced considerable fluctuations during the current crisis. This is an additional source of uncertainty for these countries.