Economics

BOJ’s Kuroda Plays Down Yen Impact of Bond-Buying Operations

Comment suggests it will cap yields even if yen softens
BOJ chief speaks after meeting with Prime Minister Kishida

WATCH: The BOJ gave another strong indication that it will continue capping long-term bond yields. David Finnerty reports.Source: Bloomberg

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By Yuko Takeo and Toru Fujioka

March 30, 2022 at 4:34 AM UTC

Updated on

March 30, 2022 at 7:23 AM UTC

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Bank of Japan Governor Haruhiko Kuroda gave another strong indication that the central bank will continue capping long-term bond yields after holding his first meeting with Prime Minister Fumio Kishida since the yen touched its lowest level since 2015.