BOJ's Kuroda says FX rates not a target of monetary policy
From forexlive.com
Nothing new but USDJPY lower at 99.15 from 99.54 in light of comments saying that BOJ have done enough for the moment Interview with journalists just released BOJ won’t change monetary policty based on fx moves. Have done what’s necessary for now sees 2% inflation target as more important that 2 year timeframe BOJ will scrutinize effects every month but not necessarily change policy each month
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