BOJ Gov Kuroda said he had spoken with Prime Minister Kishida on foreign exchange issues


Bank of Japan Governor Kuroda met with Kishida (this is a regular meeting Kuroda has with Japanese PMs)

Kuroda says when the yen moves 1-2 yen a day, it’s a fast move

  • Met with Kishida to explain developments in domestic and foreign economy and markets

  • No specific request from pm Kishida on the economy, markets
  • Discussion of effects with Kishida
  • Quick effects move around in unwanted ways
  • Will watch fx moves carefully
  • When the yen moves 1 to 2 yen per day, it is a fast movement
  • Will not comment on exchange levels, specific market movements
  • Rapid currency movements increase uncertainty and make it difficult for companies to do business


cnbctv18-forexlive-benzinga

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