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Bank of Japan governor Kuroda has said that global markets are making very unstable movements

Bank of Japan governor Kuroda has said that global markets are making very unstable movements. 

Key notes

  • Will continue to watch impact of coronavirus outbreak on japan's economy, prices, particularly via market moves.
  • Ready to take appropriate action as needed without hesitation.
  • Coronavirus outbreak already affecting japan's economy via plunge in inbound tourism, fall in department store sales.
  • Must be mindful of risk impact of coronavirus outbreak on Japan's economy could become big.

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