Japan — Bank of Japan & HSBC

Japan — Bank of Japan: The Japan — Bank of Japan's gradual pace of interest rate increases, despite a recent hike, is seen as insufficient to stem the Japan — Japanese yen's depreciation, and there are concerns about government pressure to limit further rate hikes.

HSBC: Analysts from HSBC Global Investment Research have commented on the Japan — Japanese yen's movement and anticipate further intervention from the Japan — Ministry of Finance (Japan).

Japan — Bank of Japan: The Japan — Bank of Japan is scheduled to have a rate-setting meeting next week, following the ECB's rate hike in response to inflation.

HSBC: HSBC predicted that the State Bank of India's measures may limit currency damage but still expects a significant balance of payments deficit for India.