- Analytics
- News and Tools
- Market News
- BoJ’s Uchida: Financial institutions, authorities must be ready for any sudden outflow of deposits
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.
As relationship between non-bank financial institutions and banking sector deepens, deterioration in non-bank sector could spill over to entire financial system via markets.
Market reaction
At press time, USD/JPY holds the renewed upside above 156.00 following these comments, up 0.39% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
