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

BOJ’s Kuroda: JGB buying operations have been extremely smooth so far

More comments from the BOJ Governor Kuroda last minutes, via Reuters, as he continues to speak on JGB purchases in an interview with Diet today. Key
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