BOJ denies report is to strengthen yen monitoring

The Bank of Japan has denied a newspaper report published Tuesday 17 October by the Nihon Keizai Shimbun without citing sources that it plans to enhance its monitoring of yen carry trade transactions by hedge funds and other investors.

The central bank fears such transactions may have contributed to the yen's recent weakness, and is also worried about the potential impact of yen carry trade transactions on short-term interest rates, the business daily said.

At their August policy meeting, the B

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