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BOJ's Kuroda gives positive outlook on economy, prices

Yen rises to 4-month high against US$ on speculation that BOJ may exit its ultra-loose monetary policy soon

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Mr Kuroda has said that a moderate economic expansion now under way will help accelerate inflation towards the BOJ's 2 per cent target.

Tokyo

BANK of Japan (BOJ) governor Haruhiko Kuroda offered a positive view on the economy and inflation on Monday, sending the yen to a four-month high against the US dollar on simmering speculation that it may exit its ultra-loose monetary policy earlier than expected.

Financial

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