Important for FX rates to move stably BOJ Kuroda
Weak yen boosts exports, inflates import prices Finmin Suzuki
Kuroda echoes Suzuki39;s warning sharp yen moves undesirable

TOKYO, May 13 Reuters Bank of Japan Governor Haruhiko Kuroda said recent sharp yen moves were undesirable, echoing comments by the finance minister in a sign policymakers were focusing on the speed of moves in gauging the impact of the currency39;s slump on the economy.

Kuroda said the yen39;s drop would affect households and firms in different ways, refraining from repeating his past comments a weak yen was generally good for Japan39;s economy.

It39;s important for currency rates to move stably reflecting economic and financial fundamentals, Kuroda told parliament on Friday.

The recent sharp, shortterm fluctuations in the yen are undesirable, as it heightens uncertainty and makes it harder for companies to set business plans, he said on Friday.

The remarks were line with those made by Finance Minister Shunichi Suzuki, who said recent sharp yen moves were undesirable and that exchangerate stability was important.

A weak yen gives exports a boost but leads to higher import prices, he told the same parliament session.

The yen39;s slump to twodecade lows against the dollar has emerged as a source of concern for Japanese policymakers, as it inflates already rising costs of fuel and raw material imports.

Kuroda had repeatedly said a weak yen is good for the economy as a whole, as it boosts…