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Bank of Japan to further ease Monetary Policy

  •   Wed, Sep 19 2012 12:37:15 PM

Tokyo, Sep 19 (IANS): The Bank of Japan (BOJ) Wednesday decided to further ease its monetary policy.

The BOJ's Policy Board voted unanimously, during a two-day policy meeting, to ease its monetary policy by increasing its asset purchase programme to 80 trillion yen from 70 trillion yen, reported Xinhua.

The central bank also announced to keep its key interest rate unchanged at between zero and 0.1 percent.

The BOJ downgraded its assessment of the country's economy as the global economic prospect worsened.
  

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Title: Bank of Japan to further ease Monetary Policy



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