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Statement by the Governor

September 15, 2010
Bank of Japan

There has been growing uncertainty about the future, especially for the U.S. economy, and foreign exchange and stock markets have been unstable. In these circumstances, the downside risks to Japan's economy warrant attention.

The Bank of Japan strongly expects that the action taken by the Ministry of Finance in the foreign exchange market will contribute to a stable foreign exchange rate formation.

The Bank will, while pursuing strong monetary easing, continue to provide ample liquidity to the financial markets.