In this context, it is important to note that the share of trading between banks and financial customers rose significantly from 28 per cent in 2001 to 33 per cent in 2004. However, the currency composition of turnover has not changed significantly.
The Bank further enhanced monetary easing following the Great East Japan Earthquake in March 2011 due to increased concerns about the effects of the deceleration in domestic and overseas economies and instability in the foreign exchange and financial markets. 3  See the Flow of Funds Accounts released by the Bank of Japan.