It is too early for the Bank of Japan to discuss the details of the exit from the soft monetary policy, as the inflation rate is still below the 2% target, Japanese Central Bank Governor Haruhiko Kuroda said during a speech in the specialized committee of the country’s parliament on Tuesday.

Asked whether the BOJ is considering selling corporate assets, Kuroda said the central bank currently plans to continue its program of buying shares of Japanese companies. But when the time comes, the bank will take measures to prevent losses and market confusion, the banker added.

Kuroda also noted that rising energy and food prices will inevitably affect real wages and the economy as a whole.

The Bank of Japan kept its key monetary policy parameters unchanged at the end of its March meeting last week. The short-term interest rate on commercial banks’ deposits with the Central Bank remained at minus 0.1% per annum, the target yield on ten-year government bonds – about zero.

The yen fell to 120 yen against the dollar in trading on Tuesday for the first time in six years.