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23 Apr 2014
BoJ Kuroda: Accommodative environment continues
FXStreet (Bali) - Bank of Japan (BOJ) Governor Kuroda, who is speaking in parliament, is crossing the wires, noting that accommodative environment is continuing.
Additional headlines were published through Reuters and Bloomberg, with Kuroda noting that "lending seen rising across various business sectors", with outstanding loans to large firms/SMEs expected to increase further.
With regards to Japan's financial system, Kuroda said, "it remains stable overall, don’t see real estate, financial markets imbalances, not imbalances in banking behaviour." As per the weakness in export growth, Kuroda said it was mainly due to "lacking momentum due to weakness in Asia emerging markets", although he added that exports are expected to rise moderately "as temporary weighing factors will fade."
Additional headlines were published through Reuters and Bloomberg, with Kuroda noting that "lending seen rising across various business sectors", with outstanding loans to large firms/SMEs expected to increase further.
With regards to Japan's financial system, Kuroda said, "it remains stable overall, don’t see real estate, financial markets imbalances, not imbalances in banking behaviour." As per the weakness in export growth, Kuroda said it was mainly due to "lacking momentum due to weakness in Asia emerging markets", although he added that exports are expected to rise moderately "as temporary weighing factors will fade."