Japan extends emergency relief measures

bankofjapan

On Friday, the Bank of Japan extended emergency funding measures put in place after the earthquake and tsunami disasters that hit the country earlier this year.

In its latest statement on monetary policy, the central bank noted a moderate recovery continued in Japan, but said "the possible consequences of the sovereign debt problems in Europe and the effects of balance-sheet adjustments on the US economy continue to warrant attention".

Due to continued uncertainty, the central bank took the deci

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