BOJ’s Kuroda: Any attempt to weaken JPY against USD would be FX intervention

BOJ Head Kuroda continues to speak in an interview with Diet, this time on the exchange rate and fx intervention.
Key Quotes:
Any attempt to weaken JPY against USD would be FX intervention
Trying to achieve weak yen is intervention
BOJ can only buy, sell FX as an agent of the government
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
















