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MNI BRIEF: BOJ's Kuroda: Forex Mkt Returns to Stable Situation

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda told lawmakers on Monday that foreign exchange market is returning to a relatively stable situation.

Kuroda added that the sharp weakening of the yen after the Russian’s invasion of Ukraine was undesirable but the situation is improving and was not caused by BOJ easy policy. The yen traded in a range of JPY126.86 to JPY127,34 against the dollar in early afternoon dealing, (See: MNI BRIEF: BOJ's Kuroda Repeats Easy Policy, Yen Stances).

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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