28 September 2001, 11:31 BoJ current account levels 12.8 trln yen
TOKYO (AFX-ASIA) - The Bank of Japan said it had allowed commercial
current accounts with itto rise to 12.8 trln yen.
"We are maintaining a very high current account level, it is our
target," Bank of Japan spokesman Satoru Yamadera said.
The increase from yesterday is 1.9 trln yen, the biggest one day
increase since the central bank adopted its policy of quantitative
easing in March, he said.
"We are using any funds, including intervention, to maintain this
very high current account level," Yamadera said.
© 1999-2024 Forex EuroClub
All rights reserved