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“recent sharp yen weakening” could impact firms’ profit plans By Reuters

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© Reuters. PHOTO FILE: Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, December 19, 2019. REUTERS / Kim Kyung-Hoon

TOKYO (Reuters) – Bank Of Japan Governor Haruhiko Kuroda said on Monday that the recent sharp weakening in the yen could impact Japanese firms’ earnings plans.

It is desirable that currencies move stably reflecting economic fundamentals, Kuroda told a parliament session.

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