Investing.com – The yen slipped vs. greenback Monday because the BoJ might push again inflation goal date.
The greenback was up zero.19% at 103.11 yen at 03:00 ET. The was up zero.18% as euro slips.
BoJ chief Haruhiko Kuroda informed Bloomberg inflation goal will not be reached till 2018.
“It might take barely extra months to succeed in the two% inflation fee,” Kuroda stated in an interview.
“I don’t assume we will scale back the JGB buy program quickly,” he added.
Kuroda stated the BoJ nonetheless has ammunition to succeed in its targets.
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