Japan finance minister Suzuki says its up to the BOJ to handle their ETF holdings

As part of its ultra easy monetary policy the Bank of Japan bought ETFs.

  • Japan’s finance minister Suzuki says how these are handled, including sales, is up to the BOJ to decide.
  • says its difficult to determine sole factor behind current weak yen
  • usually, the Bank of Japan’s tweak to massive monetary policy would lead to strong yen by narrowing interest rate gaps
  • its true that real interest rates remain in negative territory
  • monetary easing is up to the Bank of Japan to decide

This article was written by Eamonn Sheridan at www.forexlive.com. Source