BOJ’s Kuroda: Recent yen weakness is negative for Japan's economy

Bank of Japan (BOJ) Haruhiko Kuroda is back on the wires now, via Reuters, making some comments on the exchange rate value.

Key quotes

Recent yen weakness raises uncertainty on the outlook, and is negative for Japan's economy.

Dollar gaining strength against almost all other currencies.

Don't think dollar's solo strength to last indefinitely.

Related reads

  • BoJ's Kuroda:  Appropriate to continue monetary easing to support economy for now
  • USD/JPY Price Analysis: Bears flirt with weekly support above 147.00

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