BOJ and Government Closely Coordinating on Foreign Exchange, Kuroda Says After Meeting PM

Currency signs of Japanese Yen, Euro, and the U.S. dollar are seen on a board outside a currency exchange office at Narita International airport, near Tokyo, Japan, on March 25, 2016. Yuya Shino/Reuters

TOKYO—Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank hoped to respond appropriately on currency markets in close coordination with the government, issuing a fresh warning against recent sharp yen falls.

“I told the prime minister that recent rapid yen moves were undesirable,” Kuroda told reporters after a meeting with Prime Minister Fumio Kishida at the prime minister’s official residence.