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Economy

Kuroda shuts door on exit strategy next fiscal year

2% inflation target remains BOJ's top priority

BOJ Gov. Haruhiko Kuroda speaking during his confirmation hearing March 2.

TOKYO -- Appearing at the lower house Friday, Bank of Japan Gov. Haruhiko Kuroda repeatedly shot down rumors that the central bank is gearing up to start rolling back its superloose monetary policy.

"I have no intention to explore any concrete debate on an exit" during the fiscal year ending March 2019, Kuroda said during the confirmation hearing on his reappointment to a second five-year term.

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