This effect may strengthen the growth potential of Japan’s economy if risk money is increasingly allocated to a wider range of emerging firms, for example. And third, the clear commitment to achieving the price stability target at the earliest possible time and the continuation of massive purchases of assets are expected to drastically change the expectations of markets and economic entities.
Let me now turn to the exchange rate, which has depreciated in recent weeks, after a long period – nearly 11 months – of stability. Against the US dollar, the Shilling has depreciated by 4.7 percent since the end of October.