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MNI BRIEF: BOJ's Kuroda Repeats Weak Yen Overall Good For Econ

TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda said on Friday that the impact of weak yen on Japan’s gross domestic product is becoming less, but repeated that overall it has a positive impact on the economy and prices as a whole.

“The basic structure of the economy hasn’t changed that the weak yen has more of a positive impact than a negative one. But the impact varies, depending on industries and entities,” Kuroda told lawmakers, repeating that the central bank will continue with easy policy, see: MNI BRIEF: BOJ's Kuroda, MOF's Suzuki Want Orderly Yen Trade.

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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