Bloomberg reports the comments delivered by the Bank of Japan (BOJ) Governor Kuroda in an interview with Sankei Shimbun, a Japanese daily, recently.
Key Quotes:
The virus is the biggest uncertainty for the economy.
Will not hesitate to take action if needed.
This comes after the Japanese October-December gross domestic product (GDP) growth shrank at the fastest pace in six years, suggesting growing recession risks.
The USD/JPY pair trades better bid around 109.80-85 levels, divided between poor Japanese growth numbers and China’s stimulus measures led a risk-on market profile.
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