FX a transmission channel, not goal, of easy policy -BOJ

TOKYO Wed Nov 13, 2013 9:56pm EST

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TOKYO Nov 14 (Reuters) - Currency market is a key transmission channel for monetary policy, although the Bank of Japan does not aim at directly influencing exchange rates, a senior central bank official said on Thursday.

"It's a common understanding among advanced nations that the objective of monetary policy is financial stability, not at controlling currency moves," BOJ Executive Director Masayoshi Amamiya told a parliamentary committee.

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