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Business & Finance

BoJ announces further monetary easing measures

TOKYO : The Bank of Japan Thursday said it would enhance its monetary easing programme by expanding a 40 trillion yen as
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By Parvez Jabri
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bojTOKYO: The Bank of Japan Thursday said it would enhance its monetary easing programme by expanding a 40 trillion yen asset purchase scheme by 10 trillion yen, after Tokyo intervened in currency markets to weaken a surging yen.

The central bank also said its board had voted unanimously to keep its key rate unchanged between zero and 0.1%.

 

Copyright AFP (Agence France-Presse), 2011

 

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