Japan's yen selling to alleviate pressure: Fukui

Speaking on the sidelines of the regular meeting of central bank governors at the Bank for International Settlements, Bank of Japan governor Toshihiko Fukui said "We are still cautious about the outlook for Japan's economy, but there are certainly some good signs".

Source: Channel News Asia

Bank of Japan Governor Toshihiko Fukui has said Japan's yen-selling intervention in currency markets is meant to ease market pressure and not to guide markets.

"The yen movements have rather stabilised so no