BOJ May Want to Mull Foreign Asset Buys, Kaieda Says
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The Bank of Japan may want to consider buying foreign-currency assets to help ease the yen’s appreciation, Economic Minister Banri Kaieda said.
“Such purchases can be an option for the central bank over the medium- to long-term,” Kaieda said in an interview in Tokyo on Oct. 22. “They would be effective” in curbing the Japanese currency’s gains, he said.