BOJ member: do not target a certain value of yen

25 Feb 2020 10:16 AM

BOJ member indicated that the bank's monetary policy does not target a specific value for the Japanese yen. His most prominent statements were as follows:
• We will closely monitor market movements, including the Forex market.
• The bank will take all appropriate measures, if necessary.
• We will monitor the impact of currency market movements on economic conditions.

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