• BOJ’s Kuroda: No comment on fx levels

Market news

28 April 2022

BOJ’s Kuroda: No comment on fx levels

Bank of Japan Chief Haruhiko Kuroda said, "desirable for currencies to move stably reflecting economic fundamentals" while commenting on the exchange rate value at the post-policy press conference. 

Additional quotes

No comment on fx levels.

Want to closely watch impact of currencies on economy, prices.

Need to consider negative impact of excessive currency moves.

Need to fully pay attention to risks from the Ukraine crisis and coronavirus infections.

Downgrade to Japan’s growth projections was in tandem with IMF’s downgrade on global economy.

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