BOJ chief sees no direct impact from market operations on yen movement

It's right around the corner.

"A weak yen cuts both ways as it boosts Japanese exporters' overseas profits when brought back home but inflates the costs of imported energy, food and other items -- a headache for resource-scarce Japan."

The first part is all Kuroda has ever, ever cared about, so mission accomplished for him (and former PM Abe), the latter he clearly doesn't give one iota about, nor does anyone in power save that it might affect them in coming elections if they don't give back a sliver of the chocolate bar they stole and call it a reward soon (errr... I mean ¥5000 yen to pensioners who have lost tens of thousands). And it won't be but a couple weeks before the government is "flabbergasted" and "can't understand why consumers don't spend more!" and calls on us to do our patriotic duty and shop more despite the exponential cost increase in doing so, while salaries haven't budged an inch.

Nice hair! As believable as his words.

It's too early to make any announcements on the recent currency alteration.

Funny that a response was generated so rapidly .

Everything else is so slow.

Inevitably Japanese and residents will be paying more for everything.

CrickyToday  05:50 pm JST

Nice hair! As believable as his words.

very very nice!!!!! （⌒▽⌒） thanx for the evening guffaw.....

Incompetence at it's finest

Nothing to worry about.

I feel relieved now.

Thank you BOJ!

buy unlimited amounts of 10-year Japanese government bonds

literally borrowing the money from the Japanese public and only paying 0.25% ... put your money in anything else to get better interest.

the BOJ says there's a demand from importers to keep the USA dollar strong.

Japan and Japanese products aren't in high demand and neither is traveling to Japan or learning Japanese.

Fooling around with money and false advertising is the only leverage that's left.

The BOJ has only two tasks, according to its charter. One is price stability and the other is high employment.

Currency is the realm of the Ministry of Finance.

The yen is being tested !

And what is there to keep it from sinking?

Kuroda buys a couple trillion yen of government debt and doesn’t think it should have much impact on the currency.

Curoda, with a C for Clown