Fukui on future challenges for Asian economies

In a speech given on 22 January Toshihiko Fukui of the Bank of Japan called for the monetary authorities in Asia to forge closer links to limit the effect of massive money flows into the region.

"To increase the ability to absorb external shocks from massive capital flows, the priority seems to [be to] strengthen the function of foreign exchange and financial markets in the region as a whole," Fukui told a symposium that brought together a number of Asian central bank chiefs to mark 10 years

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