Bank of Japan watching developments, ready to respond further: Kuroda

Published Thu, Mar 12, 2020 · 04:23 AM

    [TOKYO] Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank was dealing with the coronavirus's impact on the economy and that he was ready to respond with further steps without hesitation.

    After meeting with Prime Minister Shinzo Abe, Mr Kuroda told reporters that the two discussed the global economy and financial markets, which he described as "fluctuating wildly."

    The BOJ has pumped ample liquidity into markets and conducted appropriate asset purchases, in accordance with its guidance laid out last week, Mr Kuroda said.

    REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services