• BoJ’s Kuroda: Central bank has enacted an effective and sustainable policy

Market news

16 March 2023

BoJ’s Kuroda: Central bank has enacted an effective and sustainable policy

Bank of Japan’s (BoJ) outgoing Governor Haruhiko Kuroda said on Thursday that “the Bank has enacted an effective and sustainable policy.”

Nothing further has been reported from the BoJ Chief.

Market reaction

USD/JPY is dropping back toward 133.00, unable to hold the recovery near 133.50. The renewed weakness in the US Treasury bond yields seems to weigh on the major.

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