Wednesday, March 27, 2013

Reuters: US Dollar Report: BOJ's Kuroda: Not thinking of buying foreign bonds to ease policy

Reuters: US Dollar Report
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BOJ's Kuroda: Not thinking of buying foreign bonds to ease policy
Mar 28th 2013, 02:07

TOKYO, March 28 | Wed Mar 27, 2013 10:07pm EDT

TOKYO, March 28 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday he has no intention to buy foreign-currency bonds to ease policy, because there are many different monetary easing options and because doing so could be seen as currency intervention.

"If we were in a situation where buying foreign bonds was the only way to ease policy, then I couldn't deny this. However, right now there are a lot of different options for easing policy, and I am not thinking about buying foreign bonds now," Kuroda said in parliament.

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