Bank of Japan Governor Haruhiko Kuroda said Monday that the yen's recent depreciation against the U.S. dollar has been "quite rapid," while warning of the negative impact the currency's retreat may have on the country's fragile economic recovery.The remark, made at a parliamentary session, came after the yen briefly fell to a new 20-year low in the upper 126 range earlier in the day.Finance Minister Shunichi Suzuki also said at the session the yen's current weakness can be described as "bad" with surging materials prices having not been fully passed on to consumers and a lack of wage growth…READ FULL ARTICLE
