BoJ may need to buy shares: ex-deputy Muto

Toshiro Muto, a former deputy governor of the Bank of Japan who was in the running to succeed Toshihiko Fukui as head of the central bank, has admitted that the central bank may need to bolster the country's leading stock index.

Bloomberg, a news agency, reported Muto as saying that when share prices plunge it was "very meaningful for the government's share-buying institution and the Bank of Japan to buy stocks to support the market." He added that the purchases "could not last forever" and w

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