TOKYO, Jan 29 (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Friday he saw the central bank's current amount of public debt buying as appropriate for helping funnel funds to the financial market.
Shirakawa also told a forum that stable foreign exchange rates were important and that the central bank always needs to watch how currency moves affect the economy.
But he added that he would not tie monetary policy directly to currency moves.
(Reporting by Leika Kihara; Editing by Hugh Lawson)
((leika.kihara@thomsonreuters.com; +81-3-6441-1828; Reuters Messaging: leika.kihara.reuters.com@reuters.net)) Keywords: JAPAN ECONOMY/SHIRAKAWA (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Shirakawa also told a forum that stable foreign exchange rates were important and that the central bank always needs to watch how currency moves affect the economy.
But he added that he would not tie monetary policy directly to currency moves.
(Reporting by Leika Kihara; Editing by Hugh Lawson)
((leika.kihara@thomsonreuters.com; +81-3-6441-1828; Reuters Messaging: leika.kihara.reuters.com@reuters.net)) Keywords: JAPAN ECONOMY/SHIRAKAWA (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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