Just for info:
Disclaimer: Be aware of possible COw Dung inclucded ;-)
BoJ Shirakawa: Watching FX Markets With Great Interest
TOKYO, Sept 27 (IFR) - Over Reuters and other news wires. BoJ Governor Shirakawa noted that he is watching the forex market with great interest, but declined to comment on future intervention.
Regarding the ceiling on its JGB holdings, Mr Shirakawa said that capping its JGB purchases enables the central bank to conduct appropriate monetary adjustments, indicating that even though JGB buying is one of the options to supply liquidity, he is not willing to lift the ceiling.
He stressed that the central bank will continue pumping ample liquidity. [email protected]
Copyright 2010 Thomson Reuters - IFRMarkets
Disclaimer: Be aware of possible COw Dung inclucded ;-)