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Japan's central bank pours 1.5 trillion yen more into money market |
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10:17, September 22, 2008 |
The Bank of Japan (BOJ) pumped 1.5 trillion yen (14.15 billion U.S. dollars) more into the Tokyo money market Monday in a bid to regulate the market in short-term finance between banks and other financial institutions.
The input of the money came for a fifth straight working day of emergency operation amid global financial market upheavals triggered by the collapse of U.S. investment bank Lehman Brothers, bringing to 12.5 trillion yen (117.92 billion dollars) the aggregate amount of the emergency funds the BOJ injected into market.
Source:Xinhua
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