BoJ chief ignores bank share pressure

Speaking on Friday 2 may, Bank of Japan chief Toshihiko Fukui said the central bank cannot take limitless risk, which is a job that only the government can do. His comments were a response to government pressure to step up the buying of shares in banks to support the stockmarket, now at a 20 year low.

Source: Associated Press

Bank of Japan (BoJ) governor Toshihiko Fukui has brushed aside political pressure to buy sagging bank shares to boost the sharemarket after it sank to a 20 year low

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