LOOSE CHANGE
LOOSE CHANGE
The Japanese Ministry of Finance's working group, established in conjunction with its committee on foreign exchange and other transactions, issued its long awaited report on foreign exchange guidelines, but left "ambiguous" its stance on historical rollovers, according to a Bank of Japan official in New York. According to published reports, the group did stress the need to harmonize foreign exchange market practices with those elsewhere, but didn't get much more specific.
The Bank of Japan
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