BOJ’s Kuroda – FX level affects economy & prices

Bank of Japan governor Kuroda, while speaking in parliament, reiterated that the central bank does not predict FX level, although the exchange rate does have an impact on the prices and economy in general.
Kuroda added further that oil prices are unlikely to act as a drag on the CPI going forward.
Author

Omkar Godbole
FXStreet Contributor
Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

















