Japanese officials pledge vigilance on financial markets
BoJ, finance ministry and regulator hold emergency meeting after country’s biggest fall in equities since 1987
Japan’s senior financial and central bank officials held an emergency meeting today (August 6), agreeing to work closely together to monitor the financial markets following the global stock market sell-off the previous day.
The Nikkei 225 rebounded by more than 10% today, having fallen by 12.4% on Monday – the benchmark index’s biggest percentage drop since 1987’s Black Monday crash.
Atsushi Mimura, the country’s top currency diplomat, said officials from the Ministry of Finance, the Financial
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