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Closely watching yen rise impact on economy - BOJ Kuroda

Reuters

OSAKA (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would closely watch how recent yen rises could affect the country's economy and prices.

"It's basically desirable for currency rates to move stably reflecting economic fundamentals," Kuroda said in a meeting with business executives in Osaka, western Japan.

He said he would not comment on currency levels or daily yen moves.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)