7  The same-day foreign exchange transactions are not eligible for the current settlement window of CLS. In addition, the out leg of in/out swaps – the measures used by CLS members to reduce liquidity risk in CLS settlement – is settled outside CLS.
Bank of Japan’s August report of recent economic and financial developments1  Bank of Japan, Communication, 15 August 2000. *  *  *  The Bank’s view2 Japan’s economy is recovering gradually, with corporate profits and business fixed investment continuing to increase.