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BOJ may consider foreign bond purchases to weaken yen.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 29 Kyodo

The Bank of Japan (BOJ) may need to consider purchasing foreign bonds as a tool equivalent to currency interventions, Vice Finance Minister Toshiro Muto said Thursday.

''My thinking is that foreign bond purchases have the same effects as foreign exchange interventions, and in that sense...

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