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BOJ’s Kuroda: Desirable for FX to move in stable manner

Comments on the Japanese currency from BOJ Governor Kuroda crossing the wires via Bloomberg:

Finance minister is responsible for Japan's FX policy

Desirable for FX to move in stable manner

MoF probably didn't think to weaken the yen for exporters

Hard for the MoF to weaken the yen for exports

Nations agree FX should reflect economic fundamentals

Asian stocks attempt recovery amid improving risk conditions

The persisting risk-off sentiment is seen easing towards the mid-Asian trades, allowing a solid recovery in the Asian equity markets as yen weakened across the
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China: Q1 BOP data suggests strong capital outflows - Nomura

Research Team at Nomura, notes that China’s quarterly balance of payment (BOP) data showed that reserve assets fell by a significant USD123bn in Q1 2016
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