BoJ Kuroda: USD current liabilities, need to be monitored in emerging countries

FXStreet – The Bank of Japan (BoJ) Governor Kuroda spoke at the IFF spring session, Reuters reported.

Important Points:

• Globalization may have reached a turning point

• The authorities have the profitability of the banks in view

• It must be ensured that the banks take too high risks

• The USD-current liabilities need to be monitored in emerging countries

• The important people, the error can economies, monetary adjustments shall not be liable to ignore, if the US interest rates and the USD cost of financing will rise

** FXStreet News Editorial, FXStreet**

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