• BoJ Governor Ueda: BoJ buying govt debt as part of monetary policy

Market news

18 April 2023

BoJ Governor Ueda: BoJ buying govt debt as part of monetary policy

New Bank of Japan (BoJ) Governor Kazuo Ueda said in the Japanese parliament on Tuesday, “the BoJ buying govt debt as part of monetary policy.”

Additional quotes

“BoJ bond purchases not aimed at monetizing govt debt.”

“Interest rates are determined by various factors.”

Market reaction

USD/JPY was last seen trading near 134.50, modestly flat on the day.

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