Boj freaks out over the Yen, and needs to kill it...
One likely way that the central bank may do this is to expand the funds it offers to financial institutions at a 0.1% fixed rate to Y30 trillion from Y20 trillion, or lengthen the program to six months from three months, the report said.
The report also noted the BOJ may announce the new measures at an emergency policy board meeting ahead of an upcoming meeting between Prime Minister Naoto Kan and BOJ Gov. Masaaki Shirakawa.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment