BoJ asked to buy more stocks

The Japanese government has asked the Bank of Japan to increase the amount of shares it intends to buy as the Nikkei index sank to a 20-year low.

Source: the Asahi Shimbun

As stock prices continue to nosedive on anxiety over an impending war in Iraq, the Japanese government is asking the Bank of Japan to expand its purchases of bank-held shares, reports the Asahi Shimbun

The Finance Ministry and the Financial Services Agency want the central bank to help stem the ongoing plunge in stock prices b

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