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BOJ's Fukui says markets adjusting themselves

Wed Mar 14, 2007 10:45pm EDT

TOKYO, March 15 (Reuters) - Bank of Japan Governor Toshihiko Fukui said on Thursday that global financial markets are in the process of adjusting themselves following a G7 meeting last month that warned against the risks of one-way currency bets.

Fukui also told parliament that he does not think the recent turmoil in stock markets is related to the interest rate hike by the BOJ last month.



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