BOJ's Kuroda says rapid FX moves undesirable
Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, on Dec 19, 2019. (File photo: Reuters/Kim Kyung-Hoon)
OSAKA: Bank of Japan Governor Haruhiko Kuroda said on Monday (Sep 26) that rapid currency moves were undesirable as they would have a negative impact on the economy.
The BOJ stands ready to take "various monetary easing steps without hesitation" if risks to Japan's economy materialises, Kuroda said in a meeting with business leaders in Osaka, western Japan.
Source: Reuters/st
