BOJ’s Kuroda: Uncertainty over Japan’s economy is heightening due to coronavirus outbreak

Dhwani Mehta FXStreet

The Bank of Japan (BOJ) Governor Kuroda said on Monday, the uncertainty over Japan’s economy is heightening due to the coronavirus outbreak.

Additional quotes

Investor sentiment worsening somewhat, markets making unstable movements.

BOJ will act without hesitation based on guidelines laid out in last week's statement.

Will strive to achieve market stability amid uncertainty over economic outlook, jittery markets.

BOJ will carefully watch coronavirus impact, particularly domestic and overseas markets, and take appropriate steps as needed.

BOJ is striving to stabilise markets via appropriate market operations, asset purchases.

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.

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