Bank of Japan Rolls Out Measures to Blunt Coronavirus Impact

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Bank of Japan Rolls Out Measures to Blunt Coronavirus Impact
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Japan’s central bank unveiled steps to ease the coronavirus pandemic’s impact on the economy, including doubling purchases of ETFs on the country’s battered stock market

The Japanese central bank said it would double purchases of exchange-traded funds on the stock market, which has fallen more than 25% from its recent peak. Until now, it has targeted annual purchases of ¥6 trillion .

On Monday it said it would double that to ¥12 trillion annually.
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