Bank of Japan (BoJ)
BoJ preparing for RTGS start on January 4
The Bank of Japan has been preparing for the introduction of the new RTGS system to the BOJ-NET, the Bank's on-line system for the settlement of funds and the Japanese government securities.
BOJ board keeps monetary policy unchanged
The Bank of Japan said on Friday its policy board decided to continue its policy of driving the key overnight call rate to 0.25%, a decision widely expected by financial markets. The decision was by a majority vote.
Hayami says to supply ample funds for RTGS start
Bank of Japan governor Masaru Hayami said on Friday the central bank would supply ample funds to the money market to prepare for the adoption of the Real-Time Gross Settlement system on January 4.
Ex-Fed Blinder - Japan needs cheaper yen
Alan Blinder, a former deputy chairman of the Federal Reserve, said Thursday Japan ought to boost demand by making its currency cheaper.