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BOJ taps ace internationalist to head monetary affairs

Shimizu led talks with New York Fed to secure dollar supply during pandemic

The Bank of Japan's headquarters in Tokyo: The BOJ's next head of monetary affairs has taken a different career route than his predecessors. (Photo by Wataru Ito)

TOKYO -- The Bank of Japan has chosen a new chief for its powerful Monetary Affairs Department, tapping the man who led dollar procurement negotiations with the Federal Reserve during the coronavirus pandemic. 

Seiichi Shimizu, who now heads the Financial Markets Department, will take his new post July 20.

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