BOJ Kuroda: Must maintain ultra-loose policy to support economy

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Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan

TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday the central bank must maintain ultra-loose monetary policy to support an economy that is still recovering from the COVID-19 pandemic.

“We are in close contact with the government on economic policy through various direct and indirect channels,” Kuroda told parliament.

(Reporting by Leika Kihara; Editing by Himani Sarkar)