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In this article * JPY= Follow your favorite stocksCREATE FREE ACCOUNT Haruhiko Kuroda, governor of the Bank of Japan, gestures while speaking during a news conference at the central

bank's headquarters in Japan, on March 18, 2022. He said on Monday the yen's recent moves have been "quite sharp" and could hurt companies' business plans. Kiyoshi

Ota | Bloomberg | Getty Images Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent moves have been "quite sharp" and could hurt companies' business

plans, offering his strongest warning to date of the demerits of the currency's depreciation. Traders bought the yen on the comment, helping push the dollar down by 0.22% to 126.28 yen

on Monday. "The recent falls in the yen, which lost about 10 yen to the dollar in about a month, is quite sharp and could make it hard for companies to set business plans," Kuroda

told parliament. "In that sense, we need to take into account the negative effect" of a weak yen, he said. Kuroda, however, repeated his view the BOJ must maintain its massive

stimulus program to support a fragile economic recovery. STOCK PICKS AND INVESTING TRENDS FROM CNBC PRO: * ‘Next dragon’: Fund manager names an under-the-radar, ‘very cheap’ market to play

right now * Morgan Stanley's Slimmon says the U.S. infrastructure sector is 'very powerful,' names stock pick During the same parliament session, Finance Minister Shunichi

Suzuki reiterated his warning that rapid exchange-rate moves were undesirable and that currency rates must move stably. But he declined to comment when asked whether Tokyo was ready to

intervene in the currency market to stem yen declines.