BoJ unveils monetary stimulus measures on Thursday

Source: RTT News

Japan's national bank decided to end a 15-year-deflation period in the country, when the Bank of Japan's new Governor Haruhiko Kuroda unveiled monetary stimulus measures as he promised on Thursday. The new plan says the BoJ will stick with purchases of the Japanese Government Bonds of an amount of 7 trillion yen per month and it will keep the interest rate flat at 0-0.1%.


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