BoJ Kuroda: Recent sharp falls in Yen negative and undesirable

BoJ Governor Haruhiko Kuroda told the parliament today that recent sharp yen falls are “negative and undesirable” to the economy. The depreciations raise uncertainty over the outlook and make it difficult for companies’ business planning. He pledged again to carefully monitor the developments and their impacts. Kuroda also reiterated that BoJ must maintain ulta-loose monetary […]

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