November 24, 2020
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday the country’s financial stability could be disrupted if the damage to commercial banks’ profits from COVID-19 persisted.
“The outlook for Japan’s economy and prices is highly uncertain with risks skewed to the downside,” Kuroda said in semiannual testimony to parliament.
(Reporting by Leika Kihara; Editing by Chris Gallagher)
