The Bank of Japan (BOJ) is facing increased uncertainties due to Donald Trump's victory in the US presidential election, particularly in relation to the performance of the yen.

Kazuo Momma, a former executive director at the BOJ, suggested that if the yen continues to weaken, the central bank may consider raising interest rates in the near future.

Momma highlighted that the election outcome has not only impacted Japan but has also led to greater global economic uncertainties. He emphasized that the rapid depreciation of the yen could be a significant factor influencing the BOJ's decision-making, potentially requiring a reevaluation of monetary policy.