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Bank of Japan to end some emergency measures

Added: (Fri Oct 30 2009)

Pressbox (Press Release) - Japan's central bank said Friday it would end some of its emergency measures to fight the financial crisis at the end of the year, as it left its key interest rate unchanged at 0.1 percent.

The Bank of Japan has been tackling the credit crunch with super-low lending rates and other steps to support struggling companies, such as a programme of outright purchases of corporate debt, which will finish at the end of December.

- AFP/vm

Copyright: Channelnewsasia
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