Japan’s Suzuki: Government cannot confiscate reserves foreign central banks park with BOJ

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Japan’s Suzuki: Government cannot confiscate reserves foreign central banks park with BOJ
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Japan’s Suzuki: Government cannot confiscate reserves foreign central banks park with BOJ Japan BOJ USDJPY YieldCurve

Japanese Finance Minister Shunichi Suzuki said on Monday, “under the current law, government cannot confiscate the Russian reserves foreign central banks park with the Bank of Japan .intervened for the second time this year to defend its implicit yield cap by offering to buy unlimited amounts of 10-year Japanese government bonds at 0.25%.

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