# BOJ's Kuroda: Currency rate is decided by various factors

> BOJ governor Kuroda told parliament that no single factor determines currency levels, that yield spreads can influence currency moves, and that BOJ policy does not target exchange rates. He also said current policy is not weakening the yen. Kuroda's remarks were made against a backdrop of US-China trade talks.

- Date: 2019-02-20 · published 2019-02-20T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/60817-boj-s-kuroda-currency-rate-is-decided-by-various-factors
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen direction affects Japanese import costs for feed ingredients, but the comments signal no policy shift that would move feed prices.

## Read by commodity

- USDJPY: neutral

## Sources

- investinglive.com: https://investinglive.com/centralbank/!/bojs-kuroda-currency-rate-is-decided-by-various-factors-20190220

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.