Vladimír Urbánek (Kurzy.cz)
Currencies  |  March 14, 2013 13:39:02

Japan: The Chamber of Deputies approved Kuroda candidacy for the post of governor of the BoJ - only weakens


The lower house of the Japanese parliament approved today Haruhiko Kuroda candidacy for the post of Governor of the Bank of Japan. Kuroda is considered a supporter of aggressive loose monetary policy to stimulate the economy enough to be able to deal with the long-protracted stagnation. In recent days, while speculation that his appointment is not until such support.
The upper house of parliament will vote on Kuroda appointment tomorrow.

In response to the report of the Japanese yen weakened against 13 currencies of 16četného basket of major currency pairs for the Japanese currency. The Japanese currency against the dollar moving near 3.5-year lows. Japanese currency this year against the dollar has weakened by 7.9%.
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