Bank of Japan Statement - Monetary Policy Meeting

NEWS RELEASE - Statement from the Bank of Japan regarding the Monetary Policy Meeting held on 16 January 2002.

At the Monetary Policy Meeting held today, the Bank of Japan decided, by majority vote, to maintain the following guideline for money market operations for the inter-meeting period:

The Bank of Japan will conduct money market operations, aiming at the outstanding balance of the current accounts at the Bank at around 10 to 15 trillion yen.

Should there be a risk of financial market insta