Japan PM Kishida: Will offer 100,000 yen cash payout to households suffering from pandemic

Japanese Prime Minister Fumio Kishida said on Wednesday that they will offer 100,000 JPY to households suffering from the impact of the coronavirus pandemic, as reported by Reuters.

Additional takeaways

"Will compile economic stimulus package worth several tens of trillions of yen by the end of next week."

"Will show the full picture of the coronavirus response by the end of the week."

Will start COVID-19 booster shots in December."

"Booster shots will target those aged 18 or older."

Market reaction

These comments don't seem to be having a significant impact on the JPY's performance against its rivals. As of writing, the USD/JPY pair was up 0.3% on the day at 113.20.