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发帖数: 3784 | | g8
发帖数: 3784 | 2 UPDATE 1 - BOJ eyes more measures to rein in rising yen-Nikkei
Tue Oct 25, 2011 2:38pm EDT
Oct 26 (Reuters) - The Bank of Japan will discuss additional monetary easing
measures to control the impact of a rising yen on the economy when its
policy board convenes for a meeting on Thursday, Japanese business daily
Nikkei reported.
The central bank will consider expanding its 50 trillion yen ($659.89
billion) asset-buying program by around 5 trillion yen to protect the
domestic economy from market turbulence, the daily reported.
Additional measures include a possible purchase of longer-term government
bonds, expanding the criteria for the program which currently covers those
with two years or less to maturity, the paper said.
The yen briefly touched 75.73 against the dollar in New York trading on
Tuesday, surpassing the previous all-time high of 75.78 recorded on Friday,
the Nikkei said.
With the yen having reached a new high, currency market participants are
gearing up for a potential yen-selling market intervention by Japanese
authorities, the paper said. |
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