Bank of Japan Governor Kuroda "Not a bad yen depreciation, but a positive effect on the Japanese economy"

At a press conference, the Bank of Japan's governor Kuroda said that the yen depreciated in the foreign exchange market and the dollar strengthened. Considering the impact on the profits of overseas subsidiaries of Japanese companies, it has a rather positive effect. "

He added, "I don't think the depreciation of the yen is against the basic conditions of the economy."