Bank of Japan (BOJ) governor Kuroda, while speaking in parliament, said the central bank will monitor impact of negative rates on bank profits.

Kuroda added the direct impact is limited and mentioned the central bank paid JPY 210 billion in excess reserve interest last year.

Bank of Japan (BOJ) governor Kuroda, while speaking in parliament, said the central bank will monitor impact of negative rates on bank profits.

(Market News Provided by FXstreet)

By FXOpen