You are here

Bank of Japan pumps US$30b through 3-month dollar operation, largest amount since 2008

AB_boj_170320.jpg
The Bank of Japan pumped US$30.272 billion into markets on Tuesday with an 84-day dollar funding operation, its first after global central banks agreed this week to offer three-month credit to ease funding constraints amid the coronavirus crisis.

[TOKYO] The Bank of Japan pumped US$30.272 billion into markets on Tuesday with an 84-day dollar funding operation, its first after global central banks agreed this week to offer three-month credit to ease funding constraints amid the coronavirus crisis.

The takeup was the largest since...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes