Bank of Japan Kuroda with more.
Earlier is here:
More low level verbal intervention:
- BOJ, govt to closely monitor impact of fx, market moves on economy, prices
- Important for forex rates to move stably reflecting economic fundamentals
- Abnormally one-sided, sharp yen weakening appears to have posed, thanks partly to govt’s fx intervention
- I don't expect the USD strength to last forever
USD/JPY update:
