Tuesday, 26 June 2007

Bank of Japan's Inoue Sees `Huge Amount' of Capital Flows Leaving Japan

(Bloomberg) -- Bank of Japan official Tetsuya Inoue
said today he anticipates massive capital outflows as Japanese
households seek to diversify domestic assets.

``It's reasonable to expect that you could still see a huge
amount of capital flows'' leaving Japan, Inoue, deputy director-
general of the central bank's financial markets department, said
at a foreign-exchange conference in Singapore organized by
Terrapinn Ltd.


Read more at Bloomberg Currencies News

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