BOJ's Kuroda says near-term focus will be to ease funding strains
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TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday the near-term focus of monetary policy would be on easing corporate funding strains and stabilising financial markets.In a semi-annual testimony to parliament, Kuroda said he saw no huge risk of Japan suffering from a sharp credit contraction, noting that domestic financial institutions have sufficient capital buffers.But he said the coronavirus pandemic had heightened the need for the BOJ to look carefully at the impact..