Tuesday, July 24, 2007

BOJ to survey money market, aims to boost activity

(Reuters) - The BOJ launched a half-year project earlier this year,
aiming to activate Japan's long-dormant money markets, as
activity began to pick up slowly after the central bank raised
interest rates for the first time in six years in July 2006.




"Tokyo money markets are starting to move at an accelerated
speed," BOJ Governor Toshihiko Fukui said in a speech at a forum
on Tuesday.


Read more at Reuters.com Bonds News

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