BOJ's Fukui confident of meeting liquidity target

Bank of Japan Governor Toshihiko Fukui on Thursday 17 February expressed complete confidence in the central bank's ability to keep meeting its liquidity target, and ruled out increasing the amount of Japanese government bonds (JGBs) purchased monthly through the secondary market.

"We believe that we can continue to meet the reserve target of 30-35 trln yen in the foreseeable future," Fukui told a press conference.

He added: "As we have confidence (in meeting the reserve target), we have no inte

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