Yen weaker but not negative for Japan economy: Bank of Japan chief

The yen has been weakening against the U.S. dollar, but that is unlikely to be a negative for the Japanese economy, Bank of Japan Governor Haruhiko Kuroda said Thursday.Speaking at a press conference after a two-day policy-setting meeting, Kuroda said the softer yen would benefit exports and work positively for the economy.<READ STORY OF BOJ POLICY HERE>"The positive impact on exports and corporate profits at the overseas subsidiaries of Japanese companies far exceeds the negative impact of rising import costs," Kuroda said. "Under the current economic and price conditions, the yen's weaken…READ FULL ARTICLE