The Nikkei’s report on Bank of Japan (BOJ) Governor Kuroda’s press conference after the announcement yesterday 9so it isn’t fresh news, K?):
- Yen’s downturn is actually positive for the Japanese economy
- Of the recent decline, he says “I think this is, in some ways, a natural movement in the exchange rate,”
- He still intends to “keep a close eye on the (weak yen’s) effects on the real economy”