BoJ Kuroda: Desirable for forex to move stably reflecting economic fundamentals

More comments flowing in from the Bank of Japan (BoJ) Governor Kuroda, as he continues to speak at a business leaders meeting, in Osaka.

Kuroda says that the central bank will carefully watch FX moves and its impact on the economy.

BoJ will also watch for the impact on inflation/prices.

He adds that it’s desirable for FX rates to move in a stable manner.

While saying that it’s also desirable for it to reflect economic fundamentals.