While exchange rates fluctuate due to a variety of factors in the short term, their trend over a longer term of 5 or 10 years reflects the difference in inflation between two countries. This is the concept of purchasing power parity.
Therefore, aiming at the global standard of 2 percent inflation is very important in achieving stability in business management and in the economy as a whole through stable exchange rates. So far, I have provided three reasons why the Bank is aiming at the price stability target of 2 percent.