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BoJ `ready` to supply liquidity to limit market impact of Brexit

The Bank of Japan Friday said Friday that it stood ready to work with other major central banks to inject ample liquidity to counter wild volatility in financial markets hammered by Brexit fears.



The Bank of Japan Friday said Friday that it stood ready to work with other major central banks to inject ample liquidity to counter wild volatility in financial markets hammered by Brexit fears.

"The Bank of Japan, in close cooperation with relevant domestic and foreign authorities, will continue to carefully monitor how the result would affect global financial markets," it said in a statement.

"The bank will stand ready to provide sufficient liquidity, including utilising the swap arrangements among the six central banks, and thereby ensure the stability of financial markets."

From Zee News

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