Shinichi Uchida, deputy governor of the Bank of Japan (BOJ), said earlier today (19th) that the Bank of Japan will continue to raise interest rates if Japan's economic growth accelerates again and the core inflation rate is expected to reach the target of 2%.

Reuters reported that Shinichi Uchida also said in parliament today that there is great uncertainty about the trade policy prospects and impacts of various countries. Therefore, the Bank of Japan will judge whether economic and price trends are in line with the central bank's forecasts without any prior assumptions.

As soon as Shinichi Uchida made the above remarks, the yen exchange rate against the US dollar fluctuated slightly. As of around 10:40 am Taipei time on the 19th, the yen exchange rate against the US dollar was temporarily reported at 145.17 yen.