Wednesday, January 26, 2011

Central to the market to inject 1 trillion yen

Japan Central Bank-the Bank of Japan announced that on the morning of that day will pass in the short-term financial markets open market operations, capital injection to the market 1 trillion yen (about $ 115 billion).

For fear of Dubai debt crisis, and the appreciation of the yen suddenly accelerated, affecting the economic recovery in Japan entities, Japan's Central Bank 1, temporary monetary policy meeting was held, launched by President kitashirakawa Fangming called "generalized quantitative easing," the new deal. The meeting unanimously decided, providing the market with a total of 10 trillion yen, for a period of 3 months, annual percentage rate of 0.1% short-term funds. Central Bank launched this new deal receives high marks.

Japan Central Bank capital supply delivered yesterday, by the end of November, the Central Bank money supply balance 92.2042 trillion yen, high 3.8% sequential increase over 15 months.

Last year after the outbreak of the financial crisis, Japan for the stability of the domestic financial market, Japan's Central Bank has from 16 September to 14 October 19 days inject to the short-term financial markets, of which 10 October day injections amounting 4.5 trillion yen, the highest single day to inject a new high.

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