Kuroda says BOJ policy is not helicopter money

16 June 2016, 09:20
Sherif Hasan
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Bank of Japan governor still up to the rostrum 16 June 2016

  • BOJ policy not to underwrite govt spending but to achieve price stability
  • excessive yen moves could have impact on prices
  • BOJ closely watching fx, fin market moves
  • we are not conducting mon pol in sync with fx moves

Kuroda now into the Q&A

USDJPY still looking heavy at 103.66 with limited bounce notable

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