News

BOJ’s Kuroda: Confident economy would overcome impact of COVID-19

Speaking at a scheduled appearance on Monday, the Bank of Japan (BOJ) Haruhiko Kuroda said, “I’m quite sure Japanese economy would overcome the impact of COVID-19.”

The economy would be on recovery and growing phase within a couple of months, Kuroda noted.

Market reaction

USD/JPY is trading choppy but within a range around 113.30, almost unchanged on the day. The spot is nursing losses after Friday’s 2-big figures plunge.

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