TOKYO, Reuters – Haruhiko Kuroda, Bank of Japan Governor, stated Monday that currency movements should be stable to reflect economic fundamentals. Excessive volatility, such as what was seen in recent weeks, would hinder business planning.

Kuroda said that excessive volatility in the short term, such as what was recently seen, is unfeasible.

He stated that he would be closely monitoring the effect of currency changes on Japan’s economic and price growth.