Speaking at a scheduled appearance on Monday, the Bank of Japan (BOJ) Haruhiko Kuroda said, “I’m quite sure Japanese economy would overcome the impact of COVID-19.”
The economy would be on recovery and growing phase within a couple of months, Kuroda noted.
Market reaction
USD/JPY is trading choppy but within a range around 113.30, almost unchanged on the day. The spot is nursing losses after Friday’s 2-big figures plunge.