JPYINR trading range for the day is 56.43-56.82. JPY dropped as dollar reversed early losses shrugging off another missile test by North Korea.
BoJ’s Kuroda: JGB purchases conducted to reach interest rate target, of utmost importance to maintain easing until 2% hit. BoJ’s Kuroda: Still a long way to go to meet 2% price target, risks have continued to be skewed to the downside.
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