Even more from Kuroda (2): Rising USD funding costs not hurting Japanese banks

BOJ gov continues to enjoy his time in the spotlight

• Japanese banks are not having funding problems due to rise in dollar funding costs
• banks have more than enough liquidity to deal with rising dollar costs
• BOJ sees no problem in low short-term yields, reflects effect of QQE

Meanwhile USDJPY remains pinned around 123.30

Update: 07.36 GMT Presser finishes.. Hurrah!!!