Central banks to ensure stability say G7

(ANSA) - Rome, June 24 - The finance ministers of the Group of Seven (G7) industrialized nations said Friday their central banks are ensuring market liquidity after Britain voted to leave the European Union. "Market volatility can have implications for economic and financial stability but... central banks are ensuring markets the liquidity they need," the G7 finance ministers said in a statement after a phone summit. "The G7 will preserve its unity and capacity to cooperate for the sake of financial stability". The G7 ministers also said they "respect the will of the people of the UK and trust in British authorities' capacity to manage the consequences of the referendum". The G7 is made up of Canada, France, Germany, Italy, Japan, the UK, and the United States.