Muto says BOJ will maintain target range

Bank of Japan deputy governor Toshiro Muto said Thursday 23 June the central bank will maintain the current account balance target in a range of 30 trillion to 35 trillion yen.

"What I want to emphasize is our stance remains unchanged in basically maintaining the current account balance target in a range of 30 trillion to 35 trillion yen," Muto said in a speech at an economic and financial forum in the southwestern Japan city of Oita.

Some market players took this development as a step toward a