18 May 2001, 08:29 BoJ votes to maintain existing policy guidelines
TOKYO (AFX-ASIA) - The Bank of Japan said it voted unanimously to
maintain its existing guidelines at its policy board meeting. "The Bank
of Japan will conduct money market operations, aiming the outstanding
balance of the current accounts at the bank at around 5 trln yen," it
said in a statement.
"Should there be a risk of financial market instability, e.g., a
rapid surge in liquidity demand, the bank will provide ampler liquidity
irrespective of the guideline above."
© 1999-2024 Forex EuroClub
All rights reserved