BOJ Kuroda: "I don't think that monetary policy has reached limits”

BOJ Govenor H. Kuroda was on the wires at Asia open, speaking on the side-lines of a Group of 20 finance leaders' gathering in Washington.

Key Headlines:

Given Japan's experience battling banks' debt woes, it is true policymakers need to identify problems in banking sector and act quickly

Each country's financial system, bank problems has its own feature so no one-size-fits all solution

Euro zone has its own rules for dealing with its banking problem, expect policymakers to act for prompt solution

Will explain to g20 counterparts BOJ made quite a strong commitment on maintaining ultra-loose policy

Don't think monetary policy has reached its limits