Japan’s PM Abe, BOJ’s Kuroda Discuss Global Economy as Yen Falls
This article is for subscribers only.
Japanese Prime Minister Shinzo Abe and central bank chief Haruhiko Kuroda met Tuesday and discussed the global economy amid a slump in the yen to the weakest versus the dollar since 2002.
They didn’t discuss the currency, Kuroda told reporters after one of his regular meetings with Abe in Tokyo. It’s desirable for exchange rates to be stable and reflect a nation’s economic fundamentals, he said, declining to comment on the currency’s recent movement.