BOJ has no immediate plan to sell ETF holdings, deputy governor says

SHIZUOKA (Reuters) – Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday the central bank had no immediate plan to sell its large holdings of exchange-traded funds (ETF).

Speaking at a news conference, Uchida also said the BOJ does not aim at manipulating currency rates with monetary policy.

He declined to comment on U.S. President Donald Trump’s remarks on Monday criticising Japan and China as intentionally weakening their currencies.

(Reporting by Leika Kihara; Editing by Christian Schmollinger)

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