Bank of Japan injects $9 bn into market
Tokyo, Oct 7 (DPA) The Bank of Japan (BOJ) pumped one trillion yen ($9.69 billion) into the money market to ease disruptions amid the global financial crisis.
Japan's central bank Tuesday conducted the emergency measure for the 15th consecutive business day since the US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy Sep 15.
The bank's move came after the Tokyo market plunged to a five-year low, which sent the key Nikkei Stock Average index below the 10,000
BOJ was expected to maintain the key short-term interest rate unchanged at 0.5 percent at the end of a two-day policy meeting scheduled to end later Tuesday.
The bank's policy board was also to agree to continue injecting ample liquidity into the market amid the global financial crisis.
Read More: World Bank | Japan | Leh | Bank Street | A.k.market | Bank Bazar | Bank Road | Dewas Bank Note Press | R.s.market | State Bank Of Hyderabad | State Bank Of India | State Bank Of Mysore Colony | State Bank Colony | Vennar Bank So | T.c.market | Reserve Bank Building | Raja J.n.market | Reserve Bank Nm Ltd. | Rose Bank Ndso | Jalpaiguri Bank . | Red Bank | Bank
KIRTI AZAD TO NNIS : MEIYAPPAN, ON THE RUN TO FIND A ESCAPE ROUTE
May 23, 2013 at 10:31 PM
GoM CONDUCTS FIRST MEETING ON THE AUTONOMY OF CBI
May 23, 2013 at 10:16 PM
BJP CALLS FOR BCCI AND GOVT. TO TAKE STRONG ACTION
May 23, 2013 at 9:42 PM