Kuroda says BOJ will take appropriate action with eye on markets, virus impact

FAN Editor

March 9, 2020

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would take appropriate action as needed with a close eye on how the coronavirus affects the economy, particularly through volatile market movements.

“Uncertainty over Japan’s economic outlook is heightening. Investor sentiment is deteriorating somewhat, with market moves unstable,” Kuroda told parliament.

(Reporting by Leika Kihara; Editing by Chris Gallagher)

Free America Network Articles

Leave a Reply

Next Post

Stocks plunging anew on virus fears and oil price crash

Asian stock markets plunged Monday after oil prices nosedived on worries a global economy weakened by the corona virus outbreak might be awash in too much crude. Wall Street futures prices were following suit. Tokyo’s benchmark tumbled 5.5%, while Sydney fell 7.3%. Seoul sank 4% and Hong Kong lost 3.6%. […]

You May Like