The Bank of Japan on Wednesday injected ample liquidity into the banking system, leaving the cash reserves in accounts held at the BOJ by financial institutions at around 9.5 trillion yen, up 1.4 trillion yen from Tuesday.
The move follows a decision by the central bank Tuesday to ease credit further to help prevent a global recession and to keep the cash balance in financial institutions’ BOJ current accounts at more than 6 trillion yen for the time being.
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