Japan
China needs flexible yuan, BOJ's Hirano says
China will adopt a more flexible currency as the nation overhauls its financial system and capital markets, said Eiji Hirano, a Bank of Japan executive director.
BOJ's Iwata: Deflation end needs 'one more stroke'
Kazumasa Iwata, one of the Bank of Japan's two deputy governors, said on Friday 4 March that the Japanese economy needs to improve by "one more stroke" to overcome deflation of almost seven years.
Japan's Fukui on sustainable economic recovery
In the speech 'Toward sustainable economic recovery' given on 28 February, Toshihiko Fukui of the Bank of Japan said the central bank won't change monetary policy even if it makes a technical adjustment to its target for reserves available to lenders.
Fukui says reserve target assessment in April
Bank of Japan Governor Toshihiko Fukui said Wednesday 23 February the central bank will decide after April if its target for reserves available to lenders is appropriate, adding that the policy of pumping funds into the economy will be maintained.
Bank of Japan Minutes, 18 and 19 January
The Bank of Japan's minutes from its 18 and 19 January monetary policy meeting published on Tuesday 22 February revealed that board members discussed lowering the central bank's liquidity target as a response to improved financial stability.
How Tokyo will market the yen
Anthony Rowley reports from Tokyo on plans to sell the yen as a reserve currency.
Bank of Japan Monthly Report, February 2005
The Bank of Japan published the English version of its January 2005 monthly report on 21 February. In the report the BoJ said the economy continues to recover, leaving its view unchanged for a third consecutive month.
BOJ's Fukui confident of meeting liquidity target
Bank of Japan Governor Toshihiko Fukui on Thursday 17 February expressed complete confidence in the central bank's ability to keep meeting its liquidity target, and ruled out increasing the amount of Japanese government bonds (JGBs) purchased monthly…
MOF: Japan to halt yen gain should China revalue
Japan would sell yen should the currency rise in response to a revaluation of China's yuan, according to three former Japanese currency chiefs and a Ministry of Finance official.
Japan's economy enters recession
The yen fell against the dollar after a government report showed Japan's economy entered recession for the fourth time since 1991.
BOJ to maintain policy until CPI shows gains
The Bank of Japan will maintain its policy of keeping interest rates at almost zero and pumping cash into the economy until core consumer prices show stable gains, central bank Governor Toshihiko Fukui said on Tuesday 15 February.
Flexibility in liquidity target says BOJ's Suda
Speaking on Wednesday Bank of Japan Policy Board member Miyako Suda said the central bank may need to be more flexible regarding its liquidity target when cash demand is low in the market.
Takenaka calls for money supply increase
Economic and fiscal policy minister Heizo Takenaka said the Bank of Japan and the government should work together to increase money supply growth to end more than six years of deflation.
Tanigaki says G7 statement likely unchanged
Japanese Finance Minister Sadakazu Tanigaki said the tone of the communique to be issued at the Group of Seven meeting of finance ministers and central bank governors will likely be little changed from last year's, Jiji Press reported.
Japan sees G7 currency stance staying unchanged
There is likely to be be no call for a change in global foreign exchange rates, a senior Japanese finance ministry official said on Tuesday 1 February.
Wellink says Asia can't maintain dollar buying
Asian central banks cannot continue buying up US dollars forever and the US will have to take action to cut its budget deficit, European Central Bank governing council member Nout Wellink said on Wednesday 26 January.
BoJ likely to lower price forecast says Mizuno
Bank of Japan board member Atsushi Mizuno said that the central bank will probably drop its October forecast that consumer prices will have an increase next fiscal year for the first time in eight years.
Japan, Thailand agree bilateral swap arrangement
The Bank of Japan, acting as the agent of the Minister of Finance of Japan, and the Bank of Thailand agreed to reach the second bilateral swap arrangement under the Chiang Mai Initiative of the ASEAN+3 Finance Ministers' Process, the Bank of Japan said…
BOJ deputy says deflation end may be delayed
Deputy Bank of Japan Governor Toshiro Muto has indicated in an interview that the Japanese economy may move out of deflation later than the central bank has forecasted.
Bank of Japan Minutes, 16 & 17 Dec 2004
The Bank of Japan's minutes from its 16 and 17 December Monetary Policy meeting revealed that board members see four negative side-effects of the BoJ's current super-loose credit policy.
Bank of Japan Monthly Report, January 2005
The Bank of Japan released the English version of its January 2005 monthly report on 21 January. The report said that the Japanese economy will continue recovering despite some soft patches, leaving its view unchanged from December.
Takenaka says Japan 'no longer in post-bubble era'
Japan's economic and fiscal policy minister Heizo Takenaka said the world's second largest economy is "no longer in the post-bubble era," the Nihon Keizai Shimbun reported.
OECD sees high yen as a risk for Japan recovery
The OECD said in a report on the Japanese economy published on Thursday 20 January that the sharp appreciation of the yen poses a big risk to Japan's already sluggish economic recovery, and that the Bank of Japan should remain focused on ending deflation.
BoJ's Fukui says exchange rate movements unsteady
Bank of Japan Governor Toshihiko Fukui said Tuesday currency exchange rate movements have become unsteady, suggesting the possibility that Japanese monetary authorities may resume intervening in the currency market.