Japan’s Kihara says that specifics of monetary policy to be left to BoJ
Japan’s Chief Cabinet Secretary Minoru Kihara said during the European trading session on Friday that the specifics of monetary policy to be left to the Bank of Japan (BoJ). These remarks from Japan’s Kihara appear to a message to global financial markets that the administration won’t interfere in central bank’s monetary policy operations.
Market reaction
No immediate reaction is seen in the Japanese Yen (JPY) following remarks from Japan's Kihara. At press time, USD/JPY trades 0.43% lower to near 161.70 due to JPY's outperformance.
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