TOKYO (Reuters) – Financial institution of Japan Governor Haruhiko Kuroda mentioned on Sunday the nation’s financial system is prone to comply with an enhancing development, although dangers are skewed to the draw back because of uncertainty concerning the fallout from COVID-19.
“Japan’s financial exercise is progressively bottoming out,” as exports, output and personal consumption choose up, Kuroda mentioned.
“The BOJ will not hesitate to take extra measures to help the financial system,” he mentioned in a web-based Worldwide Banking Seminar of the Group of Thirty.
(Reporting by Leika Kihara; Modifying by David Clarke)
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