Tue, 13 Mar 2012 07:27:17 GMT
Bank of Japan sets up programme for Dollar loans
The Bank of Japan decided to expand its programme for US Dollar loans, adding JPY 1 trillion (USD 12 billion). BoJ also announced it will keep its key interest rate unchanged between zero and 0.1%. Central bank's stimulus follows a call from leading Democratic Party to implement more tough steps to tackle deflation. Japanese Yen climbed on today's decision.