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The Bank of Japan boosts its purchases in ETFs for the fourth time

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  2. The Bank of Japan boosts its purchases in ETFs for the fourth time

30 Mar 2020

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The Bank of Japan boosts its purchases in ETFs for the fourth time

The Bank of Japan issued more purchases estimated at about 201.6 billion yen in investment funds traded on the exchange at the beginning of the week’s trading, to be the fourth time since the bank announced the start of its purchases in the traded funds, after strengthening purchases in each of March 26, March 23 and 19 March.

The Bank of Japan

On the other hand, press reports said that the Japanese government has added 16 trillion Japanese yen to the announced fiscal stimulus package to deal with the Coronavirus. The funds will be in the form of additional government bonds issued in an attempt to reduce the slowdown in the Japanese economy in light of the spread of Corona.

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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