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BOJ's Shirakawa to Share Insight From Japan 1990s Bank Crisis With World Leaders |
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Asian Economy |
Written by CEP News |
Oct 10 08 00:16 GMT |
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(CEP News) - The Bank of Japan (BoJ) is moving as quickly as possible to help solve problems in money markets, said bank governor Maasaki Shirakawa, adding there is strong tension in financial markets and the world economy is slowing.
Shirakawa spoke in Washington Thursday night ahead of the Group of Seven meeting of finance ministers and central bank governors. He said he will share his knowledge gained from Japan's own banking crisis in the 1990s with leaders and policymakers, noting that Japan's own money markets currently remain stable. By Megan Ainscow,
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