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BOJ's Masai abstained from policy meeting vote of own will, central bank says

06/18/2021 | 02:23am EDT
BOJ new board member Masai attends a news conference at the BOJ headquarters in Tokyo

TOKYO (Reuters) - Bank of Japan (BOJ) board member Takako Masai abstained from voting at Friday's policy meeting of her own will as she was a candidate for the board of a private firm, the central bank said.

Masai abstained out of the need for fairness and neutrality in the BOJ's decision, the central bank said.

The five-year term of Masai, a former market analyst who has taken a neutral stance on policy, on the BOJ's policy board is set to expire on June 29.

(Reporting by Leika Kihara; Writing by Daniel Leussink; Editing by Chang-Ran Kim)

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / JAPANESE YEN (AUD/JPY) -0.31% 81.2 Delayed Quote.2.57%
BANK OF JAPAN -3.39% 28500 End-of-day quote.15.24%
BRITISH POUND / JAPANESE YEN (GBP/JPY) -0.17% 152.249 Delayed Quote.7.79%
CANADIAN DOLLAR / JAPANESE YEN (CAD/JPY) -0.25% 87.738 Delayed Quote.8.43%
EURO / JAPANESE YEN (EUR/JPY) -0.16% 129.99 Delayed Quote.3.31%
INDIAN RUPEE / JAPANESE YEN (INR/JPY) -0.22% 1.481899 Delayed Quote.5.09%
NEW ZEALAND DOLLAR / JAPANESE YEN (NZD/JPY) -0.31% 76.992 Delayed Quote.4.14%
US DOLLAR / JAPANESE YEN (USD/JPY) -0.11% 110.17 Delayed Quote.7.12%
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