Tokyo stocks rebound after BOJ's stability pledge

Central bank's Kuroda issues unusual statement in face of coronavirus fears

Bank of Japan Gov. Haruhiko Kuroda on Monday reassured investors that the BOJ will keep financial markets liquid. © Reuters

Nikkei staff writers

March 2, 2020 10:57 JST

Updated on March 2, 2020 13:20 JST

TOKYO -- BOJ Gov. Haruhiko Kuroda on Monday gave investors a reason not to fear the coronavirus outbreak, issuing a statement declaring that the central bank "will strive to provide ample liquidity and ensure stability in financial markets through appropriate market operations and asset purchases."