Sunday, March 3, 2013

Reuters: US Dollar Report: BOJ should not monetise public debt-governor nominee Kuroda

Reuters: US Dollar Report
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BOJ should not monetise public debt-governor nominee Kuroda
Mar 4th 2013, 01:59

TOKYO, March 4 | Sun Mar 3, 2013 8:59pm EST

TOKYO, March 4 (Reuters) - The Bank of Japan should not directly underwrite government bonds or take measures that would be interpreted by markets as public debt monetisation, Haruhiko Kuroda, the government's nominee for next central bank governor, said on Monday.

He made the comment in a confirmation hearing for the post at the lower house of parliament.

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