News Headline Summary

Japan opposition LDP executive says would have to revise BoJ law if government wants BoJ to buy foreign bonds for purpose of FX intervention

Says:
- If BoJ bought foreign bonds as part of monetary policy they wouldn't need to revise BoJ law.
- Will ensure central bank independence is maintained.
- Japan intervening unilaterally on FX would require thorough consultation with other countries.

Print 07:50, 21 Nov 2012 - BoJ - Source: Newswires