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الجمعة، 16 مارس 2012

Members of the Bank of Japan agree to increase asset purchase program worth 10 trillion yen




Minutes of the meeting showed the central bank of Japan, which was held on 13-14 February for approval of the members of Japan's central bank unexpectedly on a proposal submitted by the member states to increase by a program to buy assets worth 10 trillion yen for up to 30 trillion yen in total and with the stability program credit lending at level 35 trillion yen. 

  

This has been approved and members of the Bank is also on the proposal for a fixed target for inflation in the long run at the level of 2% to avoid the movements of the Japanese yen, which changed from the purchasing power of currency, and thus affect the rates of inflation in Japan.
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