BOJ's Kuroda Rules Out 'Competitive Devaluation'

(Shanghai) – Bank of Japan Governor Haruhiko Kuroda says the recent G-20 meeting of finance ministers and central bank governors reached a consensus against "competitive devaluation" of currencies.

"I think this has been widely shared by not just the G-20 countries, but also other countries," he told Caixin on February 28, a day after the meeting ended in Shanghai.