Bundesbank starts foreign reserve operations in Tokyo

bundesbank

The Deutsche Bundesbank has marked the 25th anniversary of the opening of its representative office in Tokyo by giving the office the capability to begin foreign reserve management operations during Asian trading hours.

The new trading office, which starts operations today (September 6) and is staffed by two traders, will be responsible for executing purchases and sales of Japanese government bonds (JGBs) during Tokyo trading hours. The German central bank's Frankfurt office will remain

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