Yen is not being manipulated, says Kuroda


FILE PHOTO: U.S. Dollar and Japan Yen notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo

TOKYO: Japan must fix “any misunderstanding” held by US president Donald Trump that its central bank was intentionally weakening the yen with monetary policy, former Bank of Japan (BoJ) governor Haruhiko Kuroda says.

Trump said last Monday he had told Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.

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Japan , Bank of Japan , yen , currency

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