In view of the situation regarding COVID-19, the Bank of Japan has decided to purchase around 6 billion U.S. dollar cash from the Ministry of Finance (Foreign Exchange Fund Special Account) in preparation for smoother execution of the Bank of Japan’s operations, such as international financial cooperation and foreign currency supply to financial institutions. The guidelines for the purchase are attached 1. Purpose In view of the situation regarding COVID-19, the Bank of Japan will purchase U.S. dollar cash from the Ministry of Finance (Foreign Exchange Fund Special Account) in preparation for smoother execution of … (full story)
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