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BANK OF JAPAN GOVERNOR HAYAMI ARRIVES AT NEWS CONFERENCE ROOM IN TOKYO, 1999-09-21 (photo)

IMAGE number
REU8482287
Image title
BANK OF JAPAN GOVERNOR HAYAMI ARRIVES AT NEWS CONFERENCE ROOM IN TOKYO, 1999-09-21 (photo)
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Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-09-21
Image description

Bank of Japan (BOJ) Governor Masaru Hayami arrives for a news conference at BOJ headquarters in Tokyo, September 21. Hayami said, after his BOJ policy Board voted to leave monetary policy unchanged, that rapid currency movements should be stopped by intervention in the foreign exchange market. The BOJ struck a rare blow for its independence, winning applause from advocates of central bank automony but dimming prospects for joint U.S.-Japan intervention to cap the yen's rise. TA/DL/HB

Photo credit
REUTERS / Bridgeman Images
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