BOJ official sees no huge drop in global short-term liquidity

Global financial markets are experiencing volatility but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday. Unlike during the global financial crisis, we're not seeing a major decline in short-term liquidity. But the BOJ will continue to scrutinise market developments, and their impact on global and domestic economies, Akio Okuno, head of the central bank's monetary affairs department, told parliament.

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