BoJ's Muto on the Battle against Deflation

In the speech 'Battle against Deflation' given on 26 September Toshiro Muto of the Bank of Japan said exchange rate stability remains an important goal for Japan, in the wake of the G7 statement. He added that Japan was ready to act in the event of excessive foreign exchange market moves.

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Speech by Toshiro Muto, Deputy Governor, Bank of Japan at Japan Society, New York, on 26 September 2003.

Battle against

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