A man walks past the headquarters of Bank of Japan in Tokyo. File/Reuters
The Bank of Japan (BOJ) on Friday widened the band at which it allows long-term interest rates to move around its target, as part of a raft of measures to make its ultra-easy policy more sustainable amid a prolonged battle to fire up inflation index.
Bank of Japan (BOJ) Deputy Governor (DG) Masayoshi Amamiya said on Monday the Central Bank must focus on keeping the entire yield curve “stably low” for the time being, as the economy continues to suffer from the coronavirus pandemic.
As the Bank of Japan (BOJ) tries to pump more funds to companies hit by the coronavirus pandemic, it is offering banks hundreds of millions of dollars in bonuses, a move analysts say is aimed at easing the side-effects of its negative interest rate policy.
Sheikh Nahyan made this statement while receiving, Margaritis Schinas, Vice-President for Promoting the European Way of Life at the European Commission, who is currently visiting the country on the EU Honour Day at Expo 2020 Dubai.
The International Monetary Fund (IMF) hosted an expert discussion on the state of recovery in the Middle East and North Africa (Mena) region,
The Government of Punjab under the patronage of Chief Minister Punjab Sardar Usman Buzdar is all set to showcase the best the province has to offer at the biggest,