27 Oct 2016
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