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HAKODATE, Japan (Reuters) – Financial Institution of Japan (BOJ) Replacement Guv Shinichi Uchida stated on Wednesday the reserve bank will not increase rate of interest when economic markets are unsteady.
” As we’re seeing sharp volatility in residential and abroad economic markets, it’s required to keep existing degrees of financial alleviating for the time being,” Uchida stated in a speech to magnate in the north Japan city of Hakodate.
( Coverage by Leika Kihara; Editing And Enhancing by Tom Hogue)
