Bank of Japan’s Governor warns of increasing global risks to global economy

Haruhiko Kuroda, the Governor of the Bank of Japan, has attributed the fluctuations in stock markets to changing perception of various risks to the global economy.

On Wednesday, Haruhiko Kuroda, the Governor of the Bank of Japan warned of increasing risks to the global economy midst rising uncertainties, while stressing that Japan’s economic recovery had become sufficiently resilient to fend off any external shocks.

“The stock market has been somewhat unstable. The fluctuations are partly attributable to changes in perception of various risks surrounding the global economy,” said Kuroda.

He went on to add, “The BOJ will continue to carefully examine global market developments and various risks”.

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