Bank of Japan Governor Kuroda speaking in parliament today
- Cryptocurrencies are mostly used for speculative investing
- Cryptocurrencies should be called crypto assets
- Cryptocurrencies like bitcoin not seen as currencies
- Japanese economic fundamentals, company profits are strong
- Risk off sentiment in the US lead to stock falls
- Will continue to closely monitor developments in markets
- Financial market moves can have an impact on the real economy
Well, that was worth waiting for. Not.
More:
- Japan's economy needs the BOJ to continue current policy
- Bank of Japan still a long way from price target
- Japan economy needs persistent monetary easing
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