Thursday , 14 November 2024
Home Forex BoJ’s Uchida: Financial institutions, authorities must be ready for any sudden outflow of deposits
Forex

BoJ’s Uchida: Financial institutions, authorities must be ready for any sudden outflow of deposits

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Thursday, “financial institutions, authorities must be ready for any sudden outflow of deposits given digitalization, advances in it.” Additional quotes Growing presence of non-bank financial institutions warrants attention, as they account for almost half of financial inter mediations globally.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bank of England’s Bailey: The UK must preserve free trade

Urges UK not to counter protectionism with tariffsWe must welcome opportunity to...

Trump trades are cooling off today

The sugar-high from the Trump election is wearing off in a few...

Trump transition palns to kill $7500 consumer tax credit for electric vehicles — report

Reuters reports that Trump's transition team is targeting ending the $7500 consumer...

Barclays: ‘We envisage sustained dollar resilience with bullish momentum into 2025.’

'Barclays expects the USD to maintain its resilience and bullish momentum through...