Yen Surges As Bank Of Japan Disappoints On Stimulus
Sumaira FH Published July 29, 2016 | 11:26 AM
TOKYO, (APP - UrduPoint / Pakistan Point News - 29th july,2016) - The Yen surged Friday after the Bank of Japan made minor tweaks to its stimulus programme, disappointing dealers who had expected a big announcement to kickstart growth in the world's number three economy.
The central bank said it would boost its exposure to riskier investments, but left a massive 80 trillion yen ($772 billion) annual asset-buying programme unchanged.
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