Monday, February 18, 2013

Yen Further Monetary Easing Anticipation

Yen Antisipasi Pelonggaran Moneter Lebih Lanjut

Monexnews-Yen weakening after Haruhiko Kuroda, one of the Bank of Japan leadership candidates, provide support for further monetary easing. "Additional monetary easing still can be done in 2013. Japan still has room for easing monetary policy, "said Kuroda, who is currently serving as Chairman of the Asian Development Bank. USD/JPY traded now, away from the low level 93.36 daily 92.34

Kuroda's remarks will be intimated the BoJ taking further action to end the deflation if it nominates Prime Minister Shinzo Abe Kuoda and get approval from the Parliament of Japan. "There are financial assets worth trillions of dollars that can be bought by the BoJ. The 2% inflation Target can be reached within two years, "said Kuroda, who also support the adjustment over a weakening yen as excessive reinforcement.     (fr)

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Title Post: Yen Further Monetary Easing Anticipation
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