BoJ Governor Ueda: BoJ buying govt debt as part of monetary policy

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BoJ Governor Ueda: BoJ buying govt debt as part of monetary policy

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    New Bank of Japan (BoJ) Governor Kazuo Ueda said in the Japanese parliament on Tuesday, “the BoJ buying govt debt as part of monetary policy.”

    “BoJ bond purchases not aimed at monetizing govt debt.”

    “Interest rates are determined by various factors.”

    USD/JPY was last seen trading near 134.50, modestly flat on the day.

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