TOKYO: Bank of Japan (BoJ) governor Haruhiko Kuroda said current global ultra-loose monetary conditions raise the possibility of unhealthy capital flows into Asian economies.
Asian countries needed to make sure their financial systems were robust and kept a watchful eye on credit growth to ensure that external shocks did not harm their domestic demand-driven recoveries, Kuroda also said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!