The Bank of Japan added 10 trillion yen ($118 billion) in liquidity injections after a surge in the nation’s currency to a 15-year high threatened economic growth. The BOJ boosted the facility to a total of 30 trillion, the bank said in a statement after an emergency meeting in Tokyo. Governor Masaaki Shirakawa said in a press briefing that the bank is ready to take more action if necessary, and cited risks to its view that the economy will remain on a recovery track.
Bank of Japan boosts loan program, pledges more steps if needed
Most Popular Articles
Latest Articles
CoStar Group finds success through the sale of Homes.com memberships
The company boosted its revenue by 12% year over year in Q1 2024