• Bank of Japan Governor Haruhiko Kuroda: the recent increase in the yen is “excessive”

Market news

15 April 2016

Bank of Japan Governor Haruhiko Kuroda: the recent increase in the yen is “excessive”

Bank of Japan (BoJ) Governor Haruhiko Kuroda said in on Thursday that the recent increase in the yen was "excessive", but he added that there was some correction in the past few days.

Kuroda reiterated that the central bank will ease its monetary policy further if needed to reach 2% inflation target.

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