TOKYO: The new governor of Japan's central bank signaled on Monday that he plans no drastic changes in its ultra-low interest rate policy, sticking to earlier messaging on the topic.

Bank of Japan (BoJ) Governor Kazuo Ueda said Japan's financial institutions are not facing the sorts of turmoil seen recently with bank failures in the United States and Europe. He pledged to do his utmost to maintain stability in both prices and financial systems in the world's third-largest economy.

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