BOJ appoints Eiji Maeda new executive director of international affairs
[TOKYO] The Bank of Japan said it appointed Eiji Maeda as the central bank's new executive director of international affairs, responsible for communicating with other central banks and arranging financial meetings.
Mr Maeda was the head of the financial markets department and had previously served as the BOJ's chief economist.
Mr Maeda's appointment comes amid increasing concern in some countries that the BOJ's quantitative easing and negative interest rates policies are intended to advantage Japan's exports by weakening the yen.
The BOJ kept monetary policy steady last month, defying market expectations that it would expand stimulus to protect Japan's fragile economic recovery.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says
US expects to finalise new Aukus trade exemptions in next 120 days
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks