• Kyodo

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The Bank of Japan’s Policy Board agreed that pressure on global financial markets stemming from the eurozone debt crisis may be prolonged when it met Nov. 30 to decide with other major central banks to help European financial institutions raise dollar funds, the minutes from last month’s meeting show.

“They shared the view that, considering the difficulty of solving the sovereign debt problems in Europe, it was likely that pressures in the markets would persist over a protracted period,” according to the minutes, which were released Tuesday.

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