Central Banking

Japan's Koizumi says steady recovery desirable

Japanese Prime Minister Junichiro Koizumi said on Monday 1 November that he wants Japan's economy to recover "at a steady pace" as the central bank released redesigned and more secure banknotes for the first time in 20 years.

"It's not clear how much impact the issuance of new banknotes will have, but I hope the economy will recover at a steady pace," Koizumi told reporters at the Bank of Japan, which he visited for a ceremony inaugurating the new notes.

Bank of Japan Governor Toshihiko Fukui

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