BoJ leaps to action to soothe quake fears

Central Banking Newsdesk
14 Mar 2011

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The Bank of Japan (BoJ) has moved swiftly to allay fears that an earthquake that hit the country on Friday afternoon could roil the operation of the country's financial system.

The central bank put out a total of five releases in the aftermath of the earthquake, which struck at 14:46 in Japan. In its first release, the BoJ said its headquarters in Tokyo's Nihonbashi district had not suffered "substantial damage". Business operations, including operations at the central bank's windows, were

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