31 January 2001, 15:53  REPORTS: BOJ'S FUJIWARA SAYS JAPANESE ECONOMY IN SLOW RECOVERY

REPORTS: BOJ'S FUJIWARA SAYS JAPANESE ECONOMY IN SLOW RECOVERY
Deputy governor of the central bank Sakuya Fujiwara reportedly said downside risks from abroad have increased and exports are down. Weaker output growth was also slowing economic upturn, he said, pledging to maintain easy monetary stance. BOJ to monitor financial system, but expects no instability, he said.

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