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
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Financial Stability
Finance ‘must account for climate’ – ex-Bangladesh Bank governor
Rahman says GDP ignores country’s vulnerability to environmental degradation
Egypt holds interest rates
Central bank expects inflation to start falling early next year
BoE and bond vigilantes ‘not responsible for 2022 gilts crisis’
Ex-bank official rejects former PM’s claims that LDIs were primary cause of yield spike
Financial Stability Benchmarks 2024 – model banks analysis
Further breakdowns of the data highlight patterns in governance, regulatory reform and cyber risk
Bank of Thailand to name new chair by October
Upcoming appointment adds uncertainty to relations between new government and central bank
Turkey’s annual inflation drops by nearly 10 points
Month-on-month inflation also fell in August, having risen in July
Timor-Leste to set up central bank institute with IFC
Project aims to strengthen capabilities in financial services and private sector more broadly
Interpreting the PBoC’s slew of policy reforms
An insight into new stimulus measures, bond market tactics, deflationary pressures and framework changes