BOJ chief sees no direct impact from market operations on yen moves

The Bank of Japan's operations to buy unlimited amounts of 10-year Japanese government bonds to stem a rise in long-term interest rates do not have a "large, direct" impact on currency moves, Governor Haruhiko Kuroda said Wednesday.Speaking to reporters after meeting with Prime Minister Fumio Kishida, Kuroda said currency moves should be stable and reflect economic fundamentals, after the Japanese yen tumbled earlier this week to an over six-year low.The yen's recent "slight" fall against the dollar comes as demand from Japanese importers for U.S. dollars remains strong following surging en…READ FULL ARTICLE