BOJ Kuroda: Conducting monetary policy to target domestic economy

TOKYO Tue Mar 4, 2014 11:54pm EST

Bank of Japan Governor Haruhiko Kuroda speaks during a news conference at the BOJ headquarters in Tokyo February 18, 2014. REUTERS/Yuya Shino

Bank of Japan Governor Haruhiko Kuroda speaks during a news conference at the BOJ headquarters in Tokyo February 18, 2014.

Credit: Reuters/Yuya Shino

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda reiterated on Wednesday that the central bank is conducting monetary policy to target the domestic economy and to end deflation at the earliest possible time.

Kuroda, speaking at the upper house budget committee, also said a country's currency tends to weaken when its central bank eases policy, but one cannot say that about every case.

(Reporting by Stanley White; Editing by Dominic Lau)

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.