12 June 2002, 10:00 BoJ votes unanimously 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 at the
outstanding balance of the current accounts at the Bank at around 10 to 15 trln
yen," it said.
"Should there be a risk of financial market instability, such as a surge in
liquidity demand, the Bank will provide more liquidity irrespective of the
guideline above."
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