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”

More here

Kuroda Nikkei photo