BOJ says market should be ready for global flows

Bank of Japan governor Toshihiko Fukui told a forum on the money market Thursday 1 March that the Japanese money market should make necessary adjustments to be able to deal with growing global capital flows.

Fukui noted three perspectives to consider for the future of the money market, whose trade has become more active since the BOJ last year scrapped its ultra-easy policy called "quantitative easing".

First, the money market should be ready to deal with global capital flows as trade by overse