Past BOJ board member says further easing not needed now

Nobuyuki Nakahara was a member of the BOJ policy board in the late 1990s/early 2000s

He is now part of a group of economists advising PM Abe. Comments from an interview on Friday

• "There is no need to act now as foreign exchange rates are moving calmly"
• "A big move in currency markets would be a trigger for the BOJ but there is no such move so far"
• Said it's not necessary for the BOJ to move to weaken the yen unless it gains to 100 yen per dollar
• Says he isn't opposed to further easing

via Bloomberg